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No serious LPG supply shortage reported by auto component makers so far, says govtAddressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...- Iran war: Centre pushes auto sector to shift to EVs amid energy crunchIndia's government is asking car and parts makers to use electricity instead of oil fuels. This is to save energy during the West Asia cris...
- Auto parts industry faces staff migration amid LPG crunchThe auto parts industry is experiencing a wave of employee departures as workers head back to their hometowns over a lack of LPG cylinders ...
- India-US interim trade pact reflects clear intent to strengthen bilateral manufacturing, supply-chain partnerships: ACMAThe Automotive Component Manufacturers Association of India, ACMA, has welcomed the Interim Trade Agreement framework between India and the...
- Auto component industry turnover up 10 pc at Rs 6.14 lakh crore in FY24: ACMAThe Automotive Component Manufacturers Association of India (ACMA) reported a 9.8 per cent increase in the automotive component industry's ...
- Union Budget 2024: Incentivise capex, rationalise GST rates on EVs, components make part of ACMA's Budget wishlistAuto components industry body ACMA has proposed measures to boost the auto component sector, including incentivizing capex expenditure, inc...
- Auto component industry reports highest turnover in FY23; aims to log double-digit growth this fiscalThe aftermarket, estimated at Rs 85,333 crore also witnessed a steady growth of 15 per cent while component sales to OEMs in the domestic m...
- Approval to 75 auto parts makers under PLI scheme to act as catalyst in transformation journey: ACMAThe government on Tuesday said that the PLI Scheme for Automobile and Auto Components has been successful in attracting a proposed investme...
- Toyota joins hands with ACMA to share best practices with auto component firmsToyota Learning and Development India (TLDI) will share its best practices like people development and lean management principles with the ...
- Working closely with SIAM to enhance localisation in auto component sector: ACMASpeaking at the inaugural session of the two-day industry event ACMA Automechanika, ACMA President Deepak Jain noted that the initiative wo...
- Uptick in passenger vehicle sales to raise aftermarket demand: Auto part makers' bodyACMA also announced that the 5th edition of its four-day international trade fair for the aftermarket and service industry, "Automechanika"...
- ACMA welcomes Rs 20 lakh crore economic package announced by PM ModiThe announcement of the economic package is indeed very welcome and is the need of the hour, Automotive Component Manufacturers Association...
- ACMA wish list for PM task force to tide over the corona crisis“With cautious buying sentiment domestically and lockdowns in major export markets, component manufacturers’ working capital to convert to ...
- SIAM, ACMA ask automakers, auto component manufacturers to shut their plantsThe members of SIAM and ACMA both in original equipment manufacturer (OEM) and auto component industry have been asked to consider plant sh...
- Keep auto components out of RCEP, prevent back door entry of China: ACMAACMA said despite no original equipment manufacturer from China present here imports of auto parts from the country stood at USD 4.6 billio...
- India's auto components industry grows 14% to about Rs 3 lakh croreAccording to the latest data by ACMA, the after market segment grew by 25.6 per cent to Rs 56,096 crore last fiscal from Rs 44,660 crore in...
- ACMA seeks relief package for flood-hit component makers in TN"The industry must be facilitated to start its operations immediately so that the livelihood of thousands of employees is not adversely aff...
- India pitches for auto components export to ChinaKantha told a India-China seminar on auto components that the overall trade deficit in India-China exceeds $ 35 billion in the total trade ...
- End custom duty on raw material, revive industry: ACMAIssues like fluctuations in the currency, high inflation and increasing interest rates significantly dented vehicle sales in last one year.
- Budget 2012: Focus on MSMEs welcome, says ACMAThe Automotive Component Manufacturers Association of India (ACMA) on Friday welcomed the Union Budget 2012-13 and its focus on the manufac...
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