Text: J Srikant Industry will return to 4-6% growth after falling by 2.1% in FY2014 Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) reported that the component industry has recorded a revenue of[Read More…]
J Srikant Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) today reported that the component industry has recorded a revenue of Rs 2,11,700 crore in FY 2013-14 as compared to Rs 2,16,000[Read More…]
The much awaited Union Budget of the newly-elected government was tabled in the Parliament this morning. Though there was big bang announcement the Budget has attempted to address several issues including some raised by the auto industry. The major announcement is the increasing the FDI limit in insurance and defence from 26% to 49%. As the government has already announced[Read More…]
With the hope that the new government will adopt necessary measures to revive the automotive industry in the country, the Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry, has identified and voiced its expectations to the Government from the upcoming Union Budget 2014. The auto industry has been facing one of the most challenging[Read More…]
Messe Frankfurt and the apex body of the India’s automotive aftermarket, Automotive Component Manufacturers Association of India (ACMA) will come together again to organise India’s leading trade fair for the Automotive Industry – ACMA Automechanika New Delhi. The show will offer a professional platform paired with premium networking opportunities in Halls 8 – 12A at Pragati Maidan, New Delhi from[Read More…]
The apex body of the auto component Industry, Automotive Component Manufacturers Association (ACMA), recently concluded the third MSME (Micro, Small and Medium Enterprises) summit which focused primarily on ‘Managing Volatility.’ Inaugurated by Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council (NMCC) with N K Maini, Deputy Managing Director, SIDBI the Guest of Honour and Sudam Maitra, Chief Operating Officer (supply[Read More…]
