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Indian Auto Component Industry grows by 36.1 bn in first-half of FY 2023-24

Automotive Component Manufacturers Association of India announces industry performance review for the first half of fiscal year 2023-24 which shows growth in exports and imports by 2.7 per cent and 3.6 per cent respectively.Read more

Automotive Component Industry achieves $70 bn turnover in FY23 with 33% growth

Automotive Component Manufacturers Association of India (ACMA) released the data revealing reveals that this achievement surpasses the previous record of Rs 4.2 lakh crore turnover in the fiscal year 2021-22.Read more

Auto Expo Components 2023 to be held from Jan 12-15 at New Delhi

The event is essential in exhibiting the most recent innovations in automotive components for cars, trucks, electric vehicles, bearings, garage equipment, and spare parts in many markets.Read more

Indian auto component industry up by 34.8% in H1 FY23: ACMA

While exports grew by 8.6% to $ 10.1 billion, imports were up by 17.2% to $ 10.1 billion. Read more

India's auto component market up 23% in 2021-22

Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more

India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22

With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more

Vedanta makes a case of green aluminium at ACMA event

Aluminium is currently the second most used metal in vehicles and the fastest growing, a clear indication of the metal’s growing prominence in automobile manufacturing.Read more

Indian Govt approves 75 auto component makers for incentives under PLI Scheme

Ninety two auto component manufacturers had applied for the scheme, which has sanctioned outlay of Rs 26,000 crores for the automotive sectorRead more

Budget 2022 - ACMA: Ensure uniform 18% GST on all auto components

Automotive Component Manufacturers Association (ACMA) has recommended enhancement of RoDEPT rates and measures to encourage capital investment in auto component industryRead more

Indian auto component industry grows 65% in H1 2021-22: ACMA

Auto component manufacturers have now, by and large, recovered and the investment cycle has also commenced, according to Sunjay Kapur, President, Automotive Component Manufacturers Association of India (ACMA).Read more

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