At the ACMA Auto Technology Partnership Summit and Expo 2021, the focus was on harnessing the Indian automotive opportunity. Team ACI gets you the key insights from the three-day virtual congress. The Automotive Component Manufacturers Association of India (ACMA) concluded a successful edition of the Auto Technology Partnership Summit and Expo 2021. Aimed at harnessing the Indian automotive opportunity, the[Read More…]
Opening doors to lucrative sourcing opportunities, the virtual edition of ACMA Automechanika is all set to unite the auto component and aftermarket players through its integrated digital platform. The online trade fair will provide wider connectivity, garnering the presence of channel players PAN India and globally. Marking the launch of ACMA Automechanika’s virtual edition, Messe Frankfurt India along with ACMA (Automotive[Read More…]
The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry today hosted the sixth edition of ACMA Technology Summit & Awards. The summit themed as Towards Atmanirbhar Bharat – Technologies for Sustaining growth, aims to foster indigenous innovations with a focus on technology and working towards robust automotive supply chains by de-risking through self-reliance. The[Read More…]
In a win-win strategy, India is exploring its bilateral ties with Taiwan for electronics, telematics, EV components and infotainment. Story by: Team ACI Indian companies are hedging the trade dynamism with China, with a China plus one strategy. It has translated to India working on bilateral ties with other partner nations, in a win-win strategy. Its ties with Taiwan, for[Read More…]
ACMA, the apex body representing India’s auto component sector, expressed satisfaction on the measures announced in the Union Budget especially for the focus on health & well-being, infrastructure, inclusive growth, human Capital, Innovation & R&D and reforms in governance. Thanking the Union Finance Minister, Nirmala Sitharaman, Deepak Jain, President ACMA, said, “The vision of an Aatma-nirbhar Bharat enshrined in the Union Budget,[Read More…]
A significant business event in the international automotive industry trade calendar, ACMA Automechanika New Delhi is all set to go hybrid from 2021. Messe Frankfurt India together with Auto Component Manufacturers of India (ACMA) have announced that the 5th edition through its new dynamic digital model will allow automotive aftermarket players to take advantage of both physical interactions and virtual[Read More…]
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry today announced the findings of its Industry Performance Review for the first half of fiscal 2020-21. The turnover of the automotive component industry stood at Rs.1.19 lakh crore (USD 15.9 billion) for the period April 2020 to September 2020, registering a de-growth of 34[Read More…]
This is with reference to the submission by Bosch in compliance under Regulation 30 of the Securities and Exchange Board of India (SEBI) on December 08, 2020 where in the company had mentioned that “Imports of Bosch Ltd have been impacted with severe supply shortage for micro-processors (semiconductors), leading to reduced ability to deliver to the automotive market demand in[Read More…]
The fifth edition of the iAutoConnect 2020 – International Reverse Buyers Sellers Meet organised by ACMA, under the aegis of the Ministry of Commerce & Industry, Government of India, successfully concluded on December 01, 2020. Held on a virtual platform, the 7-day extravaganza helped the exhibitors to connect with overseas auto component distributors and buyers from several countries. Over 307 international[Read More…]
ACMA, under the aegis of the Ministry of Commerce & Industry, Government of India inaugurated the 5th edition of iAutoConnect 2020- International Reverse Buyers Sellers Meet. The event, organised on a virtual platform, will be a seven-day extravaganza, from November 25 until December 01 2020, connecting overseas auto component distributors and buyers with exhibitors from ACMA member companies. Vinnie Mehta,[Read More…]
