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2 mins read

Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review

The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…

ANI   


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Auto components industry to grow 10-15% in FY24: ACMA

The domestic components industry stands to gain from the manufacturing of components for internal c…

PTI   


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1 min read

SIAM, ACMA ask automakers, auto component manufacturers to shut their plants

The members of SIAM and ACMA both in original equipment manufacturer (OEM) and auto component indu…

PTI   


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1 min read

ACMA seeks uniform 18 pc GST, fund to support R&D

New Delhi, Jan 27 () Auto component industry body ACMA on Monday sought uniform 18 per cent GST in…

PTI   


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2 mins read

Auto component industry may end current fiscal in negative territory: ACMA

New Delhi, Dec 29 () The automobile component industry is expected to end the current financial yea…

PTI   


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1 min read

5 reasons why Maruti, Tata, Honda and Hyundai are very happy with India's Commerce Minister

"We are glad that the new Foreign Trade Policy 2015-20 is pragmatic and progressive, it gives a cle…

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1 min read

Elon Musk's Tesla looking at sourcing components worth $1.9 billion from India: Goyal

"Tesla already last year bought one billion dollars of components from I think all of you sittin…

PTI   


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3 mins read

Auto components industry grows 34.8 pc to Rs 2.65 lakh crore in H1 FY23

India's auto components industry witnessed a 34.8 per cent growth to Rs 2.65 lakh crore in first-ha…

PTI   


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1 min read

India's auto component manufacturing industry grew 65% during H1 2021

Indian auto component industry grows to Rs 1.96 lakh cr in H1

Business Insider Latest Story Image
1 min read

Toyota Kirloskar comes up with manual for resumption of industry operations post lockdown

With an intent to support the manufacturing sector, TKM management had put together a team of cros…

PTI   


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1 min read

COVID-19 eats away auto parts turnover as it slips by 34% from March

The Automotive Component Manufacturers Association of India on Wednesday reported a de-growth of 34…

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2 mins read

Auto sector slowdown puts one million contractual jobs at risk

This accounts for nearly 10%-15% layoffs per company. What’s worse is that the industry pegs thi…

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2 mins read

Blackstone-backed Sona Comstar’s ₹5,500 crore IPO could open next week, reports suggest

Sona Comstar, one of India’s leading automotive components makers, is gearing up to launch its ₹5,5…

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1 min read

Goyal asks industry to start working for post-COVID period; says worst for economy is over

He said this while meeting industry and trade association through video conference. It was the fift…

PTI   


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2 mins read

Budget lacks immediate measures to revive ailing sector: Auto industry

New Delhi, Feb 1 () Automobile industry on Saturday said the Budget lacked immediate measures to re…

PTI   


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4 mins read

Sona Comstar IPO worth ₹5,550 crore opens today – find out if this EV battery player has enough juice for a long ride

Sona Comstar, the Blackstone-backed automotive components maker, has kicked off its ₹5,550 crore in…

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1 min read

Covid-19: Goyal hears out industry representatives, says FinMin will take 'balanced, nuanced approach' to issues

Goyal called upon the industry to have a calibrated and rational approach to the problem, by evolvi…

PTI   


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2 mins read

Auto Expo ends with over 70 launches, unveils; records 6.08 lakh visitors

Reflecting on the experience of the latest edition of the expo, SIAM President Rajan Wadhera said,…

PTI   


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Indian auto manufacturers axed 350,000 jobs in four months — and there are more to go

Car and motorcycle makers have axed 15,000 jobs, while 100,000 jobs were lost at auto parts manu…

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2 mins read

India drives into BS-VI era with air pollution control in mind

Reflecting upon the company's journey of upgrading to stricter emission norms, Maruti Suzuki India…

PTI