Deals in the segment had it rough in early 2020, like most deals, but have since bounced back. And some of the rainmakers in the space have won large deals, upwards of $50 million each, from their home offices.
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Process technology is the heart of all industries which involves the production of goods from the raw material. The technology process in the automotive industry comprises of the dies (plastic mold, die casting mold, casting, stamping die and forging die), along with the metal forming process, assembly/welding, surface treatment/heat treatment, industrial application/rubber parts, jig & tools and plastic molded parts as well.
A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-
"Other" comprises of components and services that might not be core to automotive segment, but a very important segment. Sub-parts for this are - other ammunition hardware (for automobiles), other auto parts (aftermarket), other automotive components, other sheet metal automotive components, other different components as per drawing and specifications, along with other engineering goods.
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