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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

Indian auto component exports at risk amid UAW Strike in the US

Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.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

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

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

For the first time India’s auto component exports exceed imports

The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more

Enable MSMEs to fight competition

The clamour for boycott of Chinese goods in India is growing due to the heightened tension at the Galwan border in Ladakh where 20 Indian soldiers were killed in action on the night of July 15. Read more

Indian auto component industry de-grows 11.7% in FY 2019-20, clocks Rs 3.49 lakh crore

According to ACMA, sales to OEMs declined 17 per cent, imports by 11.4 per cent and exports by 3.2 per cent. On the other hand, auto component aftermarket at Rs 69,381 crore ($ 9.8 billion) remained stable. Industry cautiously optimistic as green shoots emergeRead more

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