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AUTOCOMPONENT MANUFACTURERS ASSOCIATION
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...- India-EU FTA will drive India's integration with global auto value chains: Siam, ACMAIndia and the European Union have reached a free trade agreement. This pact will offer more choices to consumers in both regions. It will a...
- EU trade deal may give a big push to tech transfers, exports & moreIndia's auto component sector anticipates accelerated technology transfers, joint ventures, and exports with the proposed EU free trade agr...
- Fast-track reforms to improve ease of business, says Assocham Chief Nirmal Kumar MindaAssocham president Nirmal Kumar Minda has urged the government to speed up reforms that improve the ease of doing business, stressing stric...
- Union Budget 2025: The revolution Sitharaman could bring for EV industry's boom on Feb 1Budget 2025: Union Finance Minister Nirmala Sitharaman will present the 2025-26 Budget in February. The electric vehicle industry anticipat...
- IIT-Kanpur Alumnus Sandeep Jain takes charge as new FISME presidentJain is also an alumnus of the prestigious Indo-German Manager Training program and is the Northern Region head for IGBDA – association of ...
- Rs 26,000-crore PLI scheme to steer automotive sector towards electric, hybrid and fuel cell vehicles“The beneficiaries in the PLI scheme for the auto sector are likely to be 10 vehicle manufacturers, 50 auto-component manufactures and 5 ne...
- Auto industry bodies recommend incentivising enhanced domestic value-addition, localisationIn their presentation, Ayukawa, who is also the MD & CEO of Maruti Suzuki India Ltd and Kalyani, the Chairman & MD - Bharat Forge Ltd, said...
- Auto components industry to see double-digit decline in growth this fiscal: ACMAIn the first half of the fiscal, ACMA said the turnover of the automotive components industry stood at Rs 1.19 lakh crore (USD 15.9 billion...
- Consider lending to auto component industry at same interest rates as priority sector: ACMA"Considering the average asset life in the industry to be around 10 years, we recommend the committee to enhance the 'Total Debt/EBITDA rat...
- Commercial vehicle makers to incur Rs 6,000 crore net loss this fiscal: ReportIn the April-June period of financial year 2021, as per data, the total CV (commercial vehicle) sale in the country stood at 31,636, a decl...
- Auto industry awaits local guidelines to resume workDeepak Jain, CMD of Lumax Industries and also the president of Autocomponent Manufacturers Association, said the supply chain is quite comp...
- Coronavirus impact: Indian auto makers may start getting Chinese supplies soonChinese suppliers have prioritized shipments to large Indian automakers, industry sources said.
- Budget 2019: ACMA pitches for uniform 18% GST for all auto componentsThe apex body of the Indian auto component industry has pitched for increasing the rate of weighted deduction on R&D spend and called for a...
- Working group suggests measures to achieve $5 trillion economy by 2025"India's potential to achieve a $5 trillion GDP by 2024-25 is within the realm of possibility," the report said.
- JTEKT Corporation to buy out Indian partner Sona Group’s 25% stake in Sona KoyoThe Sona Koyo Steering Systems spokesperson did not respond to the email queries till the time of going to press, while JTKET Corporation c...
- Auto components sector to grow in high single digit: ACMAHe said the domestic market will continue to be the major contributor for the component industry as exports contribute just about 30 per ce...
- Government must address pending reforms quickly for growth: Adi GodrejGodrej Group Chairman Adi Godrej today said the government needs to quickly address pending reforms to restore growth to a reasonable level...
- 'India fast emerging as prominent hub for innovation R&D'With a rapidly developing scientific and technology base, India is fast emerging as a prominent hub of innovation R&D for global as well as...
- Rajkot engine makers fire on all cylindersAkin to what happens in Chinese SSI clusters, the local manufacturers, got together and developed common models of low-cost, light diesel e...
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