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ACMA’s annual session mulls over the future of Indian auto component industry
The auto component association also released a study, conducted by McKinsey & Co, on the theme of “Auto component industry in India: Preparing for the future†on the occasionRead more
Indian auto component industry reaches $51.2 bn in 2017-18, up 18.3%
ACMA demands uniform 18% GST rate across the auto component sector. While 60% of the auto components attract 18% rate currently, the rest (majority of which are two-wheelers and tractor components) are taxed at 28%Read more
Japan’s Kosei, Minda Industries form JV to make moulds for alloy wheel
The JV will set up a plant in Bawal (Haryana) for the production of moulds for alloy wheel. The initial investment outlay is Rs 25.50 croresRead more
Nirmal K Minda appointed as president and Ram Venkataramani, as vice president for ACMA 2017-18
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, announced the appointment of Nirmal K Minda, Vice President, ACMA, as the president of ACMA and Ram Venkataramani as the vice president, ACMA for the term 2017-18.Read more