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ACMA Appoints Vikrampati Singhania As President, Sriram Viji As President Designate
The Automotive Component Manufacturers Association of India (ACMA) has announced Vikrampati Singhania as the President, and Sriram Viji as President Designate.
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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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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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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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Automotive Skills Development Council Ties Up With Hero MotoCorp To Bridge Digital Skill Gap At Dealerships
As per the Memorandum of Understanding (MoU) signed between the ASDC and Hero MotoCorp, this partnership aims to train the dealership staff in an apprenticeship model.
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Creating A Sub-Vendor Ecosystem Key To Manufacturing In India: S.S. Kim, Hyundai
He said, "For true localisation in India, we need to strongly focus our efforts on setting up Infrastructure to enhance sub tier downstream value chain, Hyundai India MD and CEO S.S. Kim said at the ACMA event.
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Indian Auto Part Makers Want Tesla's Entry To Benefit Local Companies
India's auto component makers want Tesla's potential entry to benefit the country's suppliers, and one way to achieve that is for the company to manufacture locally, the head of the Automotive Component Manufacturers Association (ACMA) said.
-
Auto Component Sector Likely To See Job Cuts If There's Weak Demand: ACMA
The Indian auto component sector is likely to see massive job cuts if the sector continues to face business difficulties because of the reduced demand owing to coronavirus pandemic. According to PTI, the Automotive Component Manufacturers Association of India (ACMA) stated that the sector could witness huge job losses due to lack of demand caused b...
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Coronavirus Lockdown: Government's Rs. 20 Lakh Crore Package Likely To Bring Relief To Component Manufacturers
Auto Component Manufacturers Association (ACMA) had earlier requested the government for any policy or financial aids and the announcement comes as a big relief.
-
Automobile Industry Bands Together For The First Time To Seek Resumption Of Operations
The Indian automotive industry is one of the key drivers of our economy as it contributes 7 per cent to the GDP. The auto sector also creates employment for more than 3.7 crore people in a direct as well as indirect ways. Additionally, the industry also plays a crucial role in exports by exporting USD 27 billion worth of vehicles and components on ...
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Coronavirus Pandemic: Indian Automobile Sector Could Bear Revenue Loss of Around Rs. 15,000 Crore
The Indian automobile industry is likely to suffer an estimated revenue loss of around Rs. 13,000 crore to Rs 15,000 crore due to coronavirus outbreak. With the pandemic disrupting the domestic economy and several businesses in the country, the automakers will have to bear the estimated revenue loss if they are forced to shut down the operations fo...
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Coronavirus Pandemic: Auto Industry Body Tells Manufacturers To Shutter Production
In view of the ongoing Corona Virus pandemic The Society of Indian Automobile Manufacturers (SIAM), the umbrella body for all vehicle manufacturers in India along with Automotive Components manufacturers' association of India (ACMA) have issued an advisory to Auto manufacturers to halt their plant operations temporarily.
-
Auto Suppliers Feel The Heat Of The Slowdown In H1 FY2020
The deterrent downturn in the Indian Automotive Industry has taken an adverse hit on the businesses of auto component manufacturers. Automotive Component Manufacturers Association (ACMA) of India, the apex body that represents the component suppliers posted a de-growth of 10.1 per cent in the revenue generated in the first half of FY2020 at Rs. 1.7...
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Government Should Set End Goals, Allow Industry Freedom To Achieve It: Maruti Suzuki
This of course means that the components will need to be developed to meet the demand of the changing industry too and Ayukawa makes it quite clear that the OEMs will help the component manufacturers evolve.
-
Maruti Boss Challenges Indian Suppliers To Manufacture Key Electronic Components In India
The Maruti Suzuki car is about 90 per cent local, component wise. But some key parts and Electronics are areas where the company still needs to import.
-
ACMA Appoints Vikrampati Singhania As President, Sriram Viji As President Designate
The Automotive Component Manufacturers Association of India (ACMA) has announced Vikrampati Singhania as the President, and Sriram Viji as President Designate.
-
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.
-
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.
-
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.
-
Automotive Skills Development Council Ties Up With Hero MotoCorp To Bridge Digital Skill Gap At Dealerships
As per the Memorandum of Understanding (MoU) signed between the ASDC and Hero MotoCorp, this partnership aims to train the dealership staff in an apprenticeship model.
-
Creating A Sub-Vendor Ecosystem Key To Manufacturing In India: S.S. Kim, Hyundai
He said, "For true localisation in India, we need to strongly focus our efforts on setting up Infrastructure to enhance sub tier downstream value chain, Hyundai India MD and CEO S.S. Kim said at the ACMA event.
-
Indian Auto Part Makers Want Tesla's Entry To Benefit Local Companies
India's auto component makers want Tesla's potential entry to benefit the country's suppliers, and one way to achieve that is for the company to manufacture locally, the head of the Automotive Component Manufacturers Association (ACMA) said.
-
Auto Component Sector Likely To See Job Cuts If There's Weak Demand: ACMA
The Indian auto component sector is likely to see massive job cuts if the sector continues to face business difficulties because of the reduced demand owing to coronavirus pandemic. According to PTI, the Automotive Component Manufacturers Association of India (ACMA) stated that the sector could witness huge job losses due to lack of demand caused b...
-
Coronavirus Lockdown: Government's Rs. 20 Lakh Crore Package Likely To Bring Relief To Component Manufacturers
Auto Component Manufacturers Association (ACMA) had earlier requested the government for any policy or financial aids and the announcement comes as a big relief.
-
Automobile Industry Bands Together For The First Time To Seek Resumption Of Operations
The Indian automotive industry is one of the key drivers of our economy as it contributes 7 per cent to the GDP. The auto sector also creates employment for more than 3.7 crore people in a direct as well as indirect ways. Additionally, the industry also plays a crucial role in exports by exporting USD 27 billion worth of vehicles and components on ...
-
Coronavirus Pandemic: Indian Automobile Sector Could Bear Revenue Loss of Around Rs. 15,000 Crore
The Indian automobile industry is likely to suffer an estimated revenue loss of around Rs. 13,000 crore to Rs 15,000 crore due to coronavirus outbreak. With the pandemic disrupting the domestic economy and several businesses in the country, the automakers will have to bear the estimated revenue loss if they are forced to shut down the operations fo...
-
Coronavirus Pandemic: Auto Industry Body Tells Manufacturers To Shutter Production
In view of the ongoing Corona Virus pandemic The Society of Indian Automobile Manufacturers (SIAM), the umbrella body for all vehicle manufacturers in India along with Automotive Components manufacturers' association of India (ACMA) have issued an advisory to Auto manufacturers to halt their plant operations temporarily.
-
Auto Suppliers Feel The Heat Of The Slowdown In H1 FY2020
The deterrent downturn in the Indian Automotive Industry has taken an adverse hit on the businesses of auto component manufacturers. Automotive Component Manufacturers Association (ACMA) of India, the apex body that represents the component suppliers posted a de-growth of 10.1 per cent in the revenue generated in the first half of FY2020 at Rs. 1.7...
-
Government Should Set End Goals, Allow Industry Freedom To Achieve It: Maruti Suzuki
This of course means that the components will need to be developed to meet the demand of the changing industry too and Ayukawa makes it quite clear that the OEMs will help the component manufacturers evolve.
-
Maruti Boss Challenges Indian Suppliers To Manufacture Key Electronic Components In India
The Maruti Suzuki car is about 90 per cent local, component wise. But some key parts and Electronics are areas where the company still needs to import.
