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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

450 exhibitors from 18 countries set forth for IMTEX Forming 2024

IMTMA organised, IMTEX Forming 2024 highlights Tooltech, Digital Manufacturing and Weld Expo 2024 as concurrent shows during the event. It also collocated Mouldex India and Fastenex India alongside at Bangalore International Exhibition Centre from January 19 to 23, 2024.Read more

85% industry revenue comes from sale of components to domestic vehicle OEMs

In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.Read more

Dormer Pramet introduces Metal Cutting Tool Lineup for Indian Manufacturers

The unveiling includes an extensive range of cutting-edge milling, turning, drilling, and tapping tool holders, along with various collets and accessories.Read more

15 countries participates at CII EXCON at BIEC, Bengaluru

The Government of Karnataka is the Host State for EXCON 2023. The Ministry of Road Transport & Highways, The Ministry of Heavy Industries, Government of India and the National Highways Authority of India (NHAI) are supporting partners to the event. Read more

SIAM Automotive Sourcing Conclave Focuses on Building a Resilient Supply Chain

SIAM organises Automotive Sourcing Conclave where industry experts and leaders came together to address challenges in the Supply Chain.Read more

ICEMA's Vision Plan 2030 aims to make India world’s 2nd largest in Construction Equipment industry, reveals President

Indian Construction Equipment Manufacturers Association (ICEMA) is the nodal body representing the Construction Equipment industry (OEMs, suppliers and financial institutions) in the country and is affiliated to Confederation of Indian Industry (CII). V Vivekanand, President of ICEMA and of Managing Director at Caterpillar India, in this interview, shares the current outlook of Indian CE industry while emphasising on the need of technology adoption. The association also launched ICEMA CE TechnolRead more

Indian Construction Equipment industry sales grow by 31% Y-o-Y, volumes doubles since FY 2014

Indian Construction Equipment Manufacturers Association (ICEMA) shares a quarterly sales report of Indian Construction Equipment industry which showed a growth momentum with increased domestic sales for 27,423 units while 2,655 units were exported.Read more

Ashok Leyland dealer Automotive Manufacturers expands operations in UP

With the opening of its new 3S facility in Varanasi, Automotive Manufacturers will provide support to Ashok Leyland customers in the region.Read more

India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025

According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more

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