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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

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

ACMA appoints Ram Venkataramani as President

Deepak Jain, Managing Director, Lumax Industries Ltd, has been appointed as Vice President of Automotive Component Manufacturers Association of India (ACMA) for 2018-19Read 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

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

3rd MSME Summit by ACMA focuses on Volatility

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