Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, today announced the re-appointment of Deepak Jain, Chairman & Managing Director, Lumax Industries Ltd. as its President and Sunjay Kapur, Chairman, Sona Comstar as the Vice President for the term 2020-21. The announcement was made at the 60th Annual General Meeting of the Industry body.
Announcing the reappointment, ACMA Director General, Vinnie Mehta, said, “We are delighted to announce that Deepak Jain has been unanimously reappointment as ACMA President. A dynamic leader and a prominent manufacturer of auto components & systems, Deepak has led the association from the front in these challenging times facing the industry and the economy. We look forward to his leadership in championing the cause of the auto component sector in ensuring sustainable growth and development”.
Accepting the responsibility, ACMA President, Deepak Jain, said, “It is a matter of great privilege for me to be re-appointed as the President of ACMA, the apex body of the Indian Auto Component Industry. The industry is going through one of the most difficult times ever. Notwithstanding the downturn and the disruptions, the industry needs to prepare itself for the future. The industry has indeed been very resilient and as green shoots emerge; the component industry will have to ensure that it supports its customers well. We need to redouble our efforts to become a globally competitive industry through deep localisation, reduction in imports, enhanced exports and focus on innovation. ACMA remains strongly committed to ‘Make in India’ and ensuring an ‘Atma-nirbhar Indian Auto Component industry”.
