The 60th ACMA Annual Convention was centred on shaping the new normal for the automotive component industry. Story by: Deepti Thore and Deven Lad The 60th ACMA Annual Convention was held virtually for the first time ever in its history. Held a day after the 60th edition of the SIAM Annual Convention, while it drew from the overlap of pain[Read More…]
“Deep localisation of supply chain in conjunction with government’s initiative for Aatmanirbhar Bharat will enable Indian aftermarket industry to emerge more resilient and strongly independent in the long run.” – writes Raj Manek, Executive Director & Board Member, Messe Frankfurt Asia Holdings Ltd. With the Indian economy moving towards total unlock, the Indian automotive sector is strongly accelerating towards a[Read More…]
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, today has once again requested the Haryana State Government to reconsider reservation of employment for locals in private enterprises. The Haryana assembly, on November 05, 2020, had passed the ‘Haryana State Employment of Local Candidates Bill’ that mandates 75 percent reservation of factory and[Read More…]
The automotive industry is shifting gears – as it witnesses an uptick in vehicle consumption in Q2 FY 2020-21. With health and safety taking precedence, mobility needs and consumer sentiments have led to a rise in vehicle buying – and demand for private vehicle has picked up with green shoots emerging in the two-wheeler and small car segments. Major[Read More…]
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[Read More…]
Key highlights The component industry’s business will be back on track with the festive season – Sunjay Kapur This partnership will bring technology from two countries together. 15 companies from Taiwan and 25 Indian company will participate in this expo. -With the outbreak, there are challenges to the global economy our PM gave a call to become #Atmnirbhar which[Read More…]
It is understood that import consignments from China are being subjected to one-hundred per cent manual inspection resulting in inordinate delays in clearance. Explaining the complexity of the automotive value chain and the need for permitting clearance of imports, Deepak Jain, President ACMA remarked, “The auto component industry in India is committed to the ‘Atma-nirbhar vision’ of our Hon’ble Prime[Read More…]
In line with the government’s lockdown exit plan, the ACMA manual prescribes a general guideline, preparing for a safe and sustainable restart of the automotive industry. Story by: Deepti Thore It is no secret that the automotive industry is process-driven. Safety and Quality practices have always been a top priority. It, therefore, doesn’t surprise that in line with the government’s[Read More…]
In response to the ACMA SOS seeking priority intervention for operational sustainability of the components industry, the Government of India announced partial relief measures under Lockdown 2.0 guidelines. Story by: Ashish Bhatia The Auto Components Manufacturers Association (ACMA) had sought priority Government intervention for the operational sustainability of the components industry while it mobilised all possible resources and assets to[Read More…]
The 15th Edition of Auto Expo 2020 – Components Show will focus on electric mobility, technology infusion and safety as key facets of mobility components. Story by: Deepti Thore The countdown to the 15th Edition of Biennial Auto Expo 2020 – Components Show has begun. Jointly organised by Auto Components Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII)[Read More…]
