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Budget announces changes in customs duty for some products
Import of defence equipment, currently not manufactured in India, are being exempted from the basic customs duty, said Finance Minister Nirmala SitharamanRead more
Lumax Cornaglia opens R&D centre in Pune for auto components
The targeted product line for the R&D centre is air intake systems, urea tanks, other automotive tanks, CAC ducts and other blow moulded parts.Read more
National Capital Region: A model for cluster development
Even though manufacturing sector participation has declined, it remains as one of the primary employment generators in the overall NCR economy, according to Dr Sangita Singh and Mansi Chaudhary.Read more
Auto Components Industry on a roll
Combined with a proactive government policy and the increasing investments by OEMs, there are several triggers which will push the Indian auto component industry to a new high. Read more
