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Auto component industry grows 32.8% in FY2022-23
The turnover of the automotive component industry stood at Rs 5.60 lakh crore for the period of April 2022 to March 2023.
Indian auto component industry grows 32.8% in FY 2022-23
Sales to OEMs grows 39.5% on back of strong growth in vehicle sales
ACMA seeks uniform 18% GST for all auto components
Auto components industry body ACMA has urged the government for a uniform GST rate of 18 percent on all auto parts to curb the impact of counterfeits in the aftermarket operations.
ACMA seeks uniform 18% GST for all auto components
ACMA has urged the government for a uniform GST rate of 18 per cent on all auto parts to curb the impact of counterfeits in the aftermarket operations.
Deepak Jain re-appointed as President of ACMA for 2020-21
Automotive Component Manufacturers Association of India (ACMA) announced the re-appointment of Deepak Jain, Chairman & Managing Director, Lumax Industries as its President and Sunjay Kapur, Chairman, Sona Comstar as the Vice President for the term 2020-21.