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NITI Aayog: Cost Advantage To Boost Indias Position In Automotive Component Market
China is the largest auto components supplier to India, contributing close to 23 per cent of India's imports, the NITI Aayog report added.
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NITI Aayog: By 2030 Automotive Component Production To Cross $145 Bn Mark
NITI Aayog's report also outlined several strategic fiscal and non-fiscal interventions aimed at enhancing India's global competitiveness in the automotive sector.
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ACMA Hopeful Of Strong Trade-Related Relations Between India and USA
ACMA remains hopeful that the ongoing bilateral negotiations between the Indian and U.S. governments will lead to a balanced resolution that benefits both economies.
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Trump's Auto Tariff Has Limited Effect On Indian Auto Component Manufacturer
Since the new tariff applies to all exporting nations, India is not at a disadvantage compared to competitors. In fact, India could see an opportunity to expand its footprint in the U.S. market.
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Scarpping Policy To Bring Down Automotive Component Prices: Gadkari
"We brought scrapping policy, because of which prices of the auto component will be reduced by 30 per cent," says Nitin Gadkari.
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Tata Autocomp Set To Acquire Europe's International Automotive Components Group
Tata AutoComp Systems Ltd shared its plans to acquire IAC Sweden as part of its strategy to expand in Europe's automotive sector.
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Auto Industry Contributes To 15 Per Cent Of Total GST In FY24 - SIAM President
At the 64th ACMA Annual Session, the SIAM President revealed that the Indian automotive industry has crossed a landmark figure of Rs 20 lakh crore.
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Income Tax Rates Should Increase Consumption: Automobile Industry Praises Union Budget 2023
Automotive Component Manufacturers Association President Sunjay J Kapur said the budget is a blueprint of a digitally enabled Aatmanirbhar Bharat, coupled with measures that will drive sustainable yet inclusive growth at a rapid pace.
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Troubleshooting A Faulty Automotive Air Conditioner
Your car's air conditioner feels nothing short of a lifesaver during the summer season. It helps cool you from the scorching heat in the summer and helps in heating during the winter.
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Panasonic's Q3 Profit Slides As Material Costs Rise And Appliance Sales Fall
Panasonic has sought to reduce its reliance on low-margin consumer electronics and appliances, shifting its focus to automotive batteries for Tesla Inc, production machinery, components and more recently supply chain management services.
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MG Motor India Partners With ACMA To Promote EV Skill Development
As a part of the alliance, the Automotive Component Manufacturers Association of India (ACMA) will utilise the MG ZS EV to educate and foster skill development in the EV component industry.
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115 Automotive Companies Apply For PLI Scheme: Ministry Of Heavy Industries
Incentives are applicable under the scheme for determining sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from April 1, 2022, onwards for a period of five consecutive years, the ministry said in a statement.
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Continental Automotive Records Volume Erosion In 2021 Due To Semiconductor Issue
The chip shortage issue has equally disrupted the auto component industry where component makers too have witnessed production cuts.
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Schaeffler India Signs MoU With Tamil Nadu Government For New Plant
Under the agreement, Schaeffler India will invest over Rs. 3000 million in next four years to set-up a new greenfield manufacturing facility in Hosur, Tamil Nadu for manufacturing of transmission components and systems for Automotive and Tractor segments.
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Hero Motors And Yamaha Announce Joint Venture To Manufacture Electric Drive Motors
Auto components manufacturer, Hero Motors, a part of the Hero Motors Group (HMC) and Yamaha has announced a joint venture to manufacture electric motors for electric bicycles.
-
NITI Aayog: Cost Advantage To Boost Indias Position In Automotive Component Market
China is the largest auto components supplier to India, contributing close to 23 per cent of India's imports, the NITI Aayog report added.
-
NITI Aayog: By 2030 Automotive Component Production To Cross $145 Bn Mark
NITI Aayog's report also outlined several strategic fiscal and non-fiscal interventions aimed at enhancing India's global competitiveness in the automotive sector.
-
ACMA Hopeful Of Strong Trade-Related Relations Between India and USA
ACMA remains hopeful that the ongoing bilateral negotiations between the Indian and U.S. governments will lead to a balanced resolution that benefits both economies.
-
Trump's Auto Tariff Has Limited Effect On Indian Auto Component Manufacturer
Since the new tariff applies to all exporting nations, India is not at a disadvantage compared to competitors. In fact, India could see an opportunity to expand its footprint in the U.S. market.
-
Scarpping Policy To Bring Down Automotive Component Prices: Gadkari
"We brought scrapping policy, because of which prices of the auto component will be reduced by 30 per cent," says Nitin Gadkari.
-
Tata Autocomp Set To Acquire Europe's International Automotive Components Group
Tata AutoComp Systems Ltd shared its plans to acquire IAC Sweden as part of its strategy to expand in Europe's automotive sector.
-
Auto Industry Contributes To 15 Per Cent Of Total GST In FY24 - SIAM President
At the 64th ACMA Annual Session, the SIAM President revealed that the Indian automotive industry has crossed a landmark figure of Rs 20 lakh crore.
-
Income Tax Rates Should Increase Consumption: Automobile Industry Praises Union Budget 2023
Automotive Component Manufacturers Association President Sunjay J Kapur said the budget is a blueprint of a digitally enabled Aatmanirbhar Bharat, coupled with measures that will drive sustainable yet inclusive growth at a rapid pace.
-
Troubleshooting A Faulty Automotive Air Conditioner
Your car's air conditioner feels nothing short of a lifesaver during the summer season. It helps cool you from the scorching heat in the summer and helps in heating during the winter.
-
Panasonic's Q3 Profit Slides As Material Costs Rise And Appliance Sales Fall
Panasonic has sought to reduce its reliance on low-margin consumer electronics and appliances, shifting its focus to automotive batteries for Tesla Inc, production machinery, components and more recently supply chain management services.
-
MG Motor India Partners With ACMA To Promote EV Skill Development
As a part of the alliance, the Automotive Component Manufacturers Association of India (ACMA) will utilise the MG ZS EV to educate and foster skill development in the EV component industry.
-
115 Automotive Companies Apply For PLI Scheme: Ministry Of Heavy Industries
Incentives are applicable under the scheme for determining sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from April 1, 2022, onwards for a period of five consecutive years, the ministry said in a statement.
-
Continental Automotive Records Volume Erosion In 2021 Due To Semiconductor Issue
The chip shortage issue has equally disrupted the auto component industry where component makers too have witnessed production cuts.
-
Schaeffler India Signs MoU With Tamil Nadu Government For New Plant
Under the agreement, Schaeffler India will invest over Rs. 3000 million in next four years to set-up a new greenfield manufacturing facility in Hosur, Tamil Nadu for manufacturing of transmission components and systems for Automotive and Tractor segments.
-
Hero Motors And Yamaha Announce Joint Venture To Manufacture Electric Drive Motors
Auto components manufacturer, Hero Motors, a part of the Hero Motors Group (HMC) and Yamaha has announced a joint venture to manufacture electric motors for electric bicycles.
