ACMA, the apex body representing India’s auto component sector, has recently submitted its recommendations for the forthcoming Union Budget 2024-25 to the Ministry of Finance as well as to the Ministry of Heavy Industries, the nodal ministry for the automotive industry. In its recommendations to the government, ACMA has proposed several key measures to further bolster the sector. These include[Read More…]
The Automotive Component Manufacturers Association of India (ACMA), the apex body of the Indian auto component industry, successfully hosted the 3rd edition of the ACMA Farm Equipment & Implements Localization Expo on May 21, 2024 in Ludhiana. With participation from over 60 prominent exhibitors, the expo garnered attention from dedicated B2B participants and industry stakeholders, fostering engagements between manufacturers and[Read More…]
The Automotive Component Manufacturers Association of India (ACMA) successfully organised the 58th edition of the ACMA Excellence Awards & 9th Technology Summit on March 05, 2024. This prestigious event celebrated the exceptional contributions and achievements of 59 distinguished auto component manufacturers, who were honoured with a total of 112 awards across various categories. The ACMA Excellence Awards, a hallmark event in the automotive industry, recognized[Read More…]
The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, successfully concluded the 4th edition of its ‘Transforming Mobility 2024 -Global Summit & Expo’, marking a significant step forward in redefining mobility and positioning India at the forefront of EV components manufacturing and innovations, in line with ACMA’s mission for sustainable transportation. The event,[Read More…]
Lumax Cornaglia Auto Technologies Private Limited (“LCAT”), a subsidiary / joint venture Company between Lumax Auto Technologies Limited (“LATL”) and Cornaglia s.p.a., Italy, has expanded its operations by opening a new manufacturing facility at Chakan in Pune. LCAT is engaged in the business of providing emission products i.e. Air Filters, Fuel Tanks, etc. for both two-wheelers and four-wheelers. The new facility is spread[Read More…]
Prime Minister Narendra Modi reviewed the operation of the first indigenous alkaline electrolyser, a groundbreaking achievement for India. Developed collaboratively by BPCL and the Bhabha Atomic Research Centre (BARC), the prototype was showcased to the Prime Minister by G. Krishnakumar, C&MD of BPCL. Alkaline water electrolysis, the process through which hydrogen is produced from alkaline water via electrolysis, marks a[Read More…]
The 5th edition of ACMA Automechanika 2024, held in collaboration with Messe Frankfurt and as part of Bharat Mobility Global Expo, concluded yesterday on a high note, garnering a footfall of 35,000 business visitors. It was a conglomeration of the entire mobility ecosystem under one roof, displaying the tech capabilities and innovations of Indian automotive industry. Around 500+ exhibitors from[Read More…]
The 5th edition of ACMA Automechanika New Delhi at the Bharat Mobility Global Expo 2024 has raised its curtain today at Pragati Maidan, New Delhi. The show began with a renewed enthusiasm from the industry and is pleased to welcome 500+ exhibitors from India and other 12 countries to the expo. Identified as the go-to trade fair for meeting the visitor profiles ranging from wholesalers,[Read More…]
Ahead of the 5th ACMA Automechanika New Delhi, at the Bharat Mobility Global Expo 2024, ACMA, the apex body of the Indian auto component industry shared insights from its Global Automotive Aftermarket Research Report, conducted in partnership with leading advisory firm Ernst & Young. According to the study, which focuses on seven product categories namely engine parts, suspension & braking parts, transmission parts, braking parts, rubber components,[Read More…]
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry has announced the findings of its Industry Performance Review for the first half of fiscal 2023-24. The turnover of the automotive component industry stood at Rs.2.98 lakh crore (USD 36.1 billion) for the period April to September 2023, registering a growth of 12.6 per[Read More…]
