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…]
The Automotive Component Manufacturers Association of India (ACMA), the apex body of the Indian auto component industry today, concluded its eighth edition of the ‘iAutoConnect’, a reverse buyers & sellers meet. The two-day exhibition was held on November 22-23rd, at the India International Convention and Exhibition Centre (IICC) Dwarka, New Delhi. The event was inaugurated by the Chief Guest; Dr. Hanif[Read More…]
The 63rd ACMA Annual Summit had the automotive industry stakeholders reset their goals. Ashish Bhatia points out the influencing factors that played out this year. It’s an annual ritual to reset expectations at the ACMA Annual Summit and the 63rd edition was no different. With stakeholders of the automotive components industry and Original Equipment Manufacturers (OEMs) in attendance, as one.[Read More…]
In an upfront conversation Vikram Pawah, President and CEO at BMW India spoke to Ashish Bhatia where he hailed the supplier support for higher localised content per vehicle-led growth. Q. How do you gauge the industry sentiment against the backdrop of volumes reaching pre-pandemic peaks? A. The real sentiment that has been coming to the surface is quite strong. After[Read More…]
In an upfront conversation, Vinodh Kumar, Assistant General Manager – Operations at Rane Brake Lining Ltd. speaks to Ashish Bhatia. The company bagged a QCT excellence award at the ACMA Annual Summit 2022 and subsequently, the Group bagged the Deming Prize. Q. What is your take on the upbeat sentiment of the auto components suppliers that work behind the[Read More…]
The Executive Committee of the Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, today elected Vinod Aggarwal, MD & CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) as its new President for 2022-23. Vinod Aggarwal, who was the Vice President of SIAM succeeds Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti Suzuki India[Read More…]
In an upfront interaction with ACMA leadership, Sunjay Kapur and Vinnie Mehta discuss the current state of the supplier ecosystem with Sumesh Soman. Q. Has the components industry recovered from the pandemic induced slump? Sunjay. It has been almost two years since we had a physical event. So, this is a great opportunity for us to meet people physically again.[Read More…]
Smarter auto electronics and electrical are taking centre stage. Ashish Bhatia looks at recent developments which suggest a growing impetus on resource allocation to build a robust ecosystem. Automotive electronics have taken centre stage and will command a greater focus going forward too from key stakeholders. The recent supply chain bottlenecks owing to the shortage of semiconductor chips, known to[Read More…]
