Text: J Srikant The scene of road transport is changing around the world. From being dependent on IC engines, there is a palpable shift towards hybrids, plug-in hybrids and electric vehicles. But the change is taking effect with varying degrees in countries across the globe. While some countries have taken to the alternative mode of transport with relative ease, a[Read More…]
Text: J Srikant Many are calling Defence and Aerospace the sunshine sectors when it comes to manufacturing and it is slowly taking wings in India too. Auto component industry, which has been one of the most prominent manufacturing sectors since liberalisation in the early 1990s, is looking to corner a piece of the pie. To give a glimpse into the[Read More…]
ACMA’s first Aerospace & Defence Summit stresses the need to review policy, develop infrastructure and promote collaboration With an objective to build local manufacturing capabilities and develop the Aerospace & Defence supply ecosystem in the country, the Automotive Component Manufacturers Association of India (ACMA) organised the first Aerospace and Defence Summit to understand and address the Opportunities & Challenges in[Read More…]
Text: T Murrali The auto industry and the auto components industry in particular are saddled with several issues ranging from fluctuating cost of inputs, increasing operating cost, lack of steady policy, unfavourable economy, etc. Irrespective of the situation they have to maintain the key parameters such as quality, cost and delivery as their customers’ (OEMs) customers have been very[Read More…]
Text: J Srikant Industry will return to 4-6% growth after falling by 2.1% in FY2014 Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) reported that the component industry has recorded a revenue of[Read More…]
J Srikant Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) today reported that the component industry has recorded a revenue of Rs 2,11,700 crore in FY 2013-14 as compared to Rs 2,16,000[Read More…]
