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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 organises Tech-Show for Chennai Metro Rail
ACMA, the Automotive Component Manufacturers Association of India, organised an exclusive Tech-Show for the Chennai Metro Rail (CMRL) spanning two days, May 17 and 18, 2023 at CMRL Depot in Chennai.
Auto component industry gears up for big shift to EVs
When electric vehicles (EV) become more and more popular can the automotive component industry be far behind? Auto component makers in India are bracing for change.
Auto component sector sees record turnover of Rs 4.2 trillion in FY22: ACMA
Indian auto components industry clocked its highest-ever turnover of Rs 4.2 trillion in 2021-22, registering a growth of 23 per cent on the back of strong performance in exports
Overall, the market scenario in India looks promising
Excon has always been a confluence of construction equipment ecosystem members like equipment and component manufacturers, customers, financiers, equipment dealers and policy makers.
The market scenario in India looks promising
Dheeraj Panda Chief Operating Officer (Sales, Marketing and Customer Support) Sany Heavy Industry India.
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.
Icra slashes growth forecast for auto components industry to 17-20 pc for FY22
According to Icra, the components industry is now expected to grow at 17-20 per cent in 2021-22, partly aided by "the low base of last year and commodity passthrough" besides growth driven by domestic OEM, replacement and export volumes.
How can the auto components industry bounce back
Financial year (FY) 2020-2021 was a year of transition for the auto components industry. There were new challenges in the form of outburst of Covid-19, loss in production, supply side disruptions, etc.
EQUIPMENT INDIA Awards 2020
At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.
EQUIPMENT INDIA Awards 2020 to be held online
In the prevailing pandemic conditions, The 8th Annual EQUIPMENT INDIA Awards will be held virtually on October 15, 2020
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.
Auto component industry turnover down by 11.7 per cent in FY 2019-20
The turnover of the automotive component industry stood at Rs 3.49 lakh crore ($49.2 billion) for the period April 2019 to March 2020, registering a de-growth of 11.7 per cent over the previous year
ACMA seeks relief measures for component industry to withstand COVID 19 impact
The impact of coronavirus over the industry, people and the economy is a grave concern.
Auto Expo 2020 Components
Around 400 companies launched over 1,200 new products, which exhibits the preparedness of component industry to support the transformation in automotive space.
ACMA Aftermarket Expo in Patna
The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the interest of the Indian auto component manufacturers, announced the first edition of the ACMA Aftermarket Expo in Patna.
Technology rules the roost at Auto Expo 2020 Components
The 15th edition of Auto Expo 2020 Components organised jointly by Automotive Component Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII) and Society of Indian Automobile Manufacturers (SIAM), concluded successfully on February 9.
Auto Expo 2020 Components inaugurated
The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers (SIAM) kicked off the 15th edition of Auto Expo: 2020 Components, themed ?Technovation - Discover Innovations for Future?.
Auto Expo 2020-Components gets an overwhelming response
The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers announced the 15th edition of Auto Expo 2020 Components, themed ?Technovation - Discover Innovations for Future?.
We will be displaying 22 new products at Excon 2019
A pioneer in manufacturing equipment for concrete preparation, placement, transportation and recycling, Schwing Stetter has manufacturing units in 12 countries including Germany, Austria, USA, Brazil, Russia, Ostrava, UK, and India.
Filters for CE Applications
The market for hydraulic filtration is expected to grow in future due to demand from infrastructure sector and to meet the upcoming emission regulations next year.
We Will Continue to Expand Our Capacities in the Next 3-5 Years
By delivering high-precision bearing solutions and systems for a large number of industrial applications, the Schaeffler Group is shaping "Mobility for tomorrow" to a significant degree.
New Opportunities
Components, accessories and spares market is expected to gain momentum from the expected infrastructure push in the coming years.
From Recovery to Growth
In the past few months, the mobile cranes business has been improving quietly. The market is recovering and moving towards growth.
Innovation to drive the future
When it comes to construction and mining machinery, hydraulics is the major source of power to the heavy-duty operations at extreme conditions. The hydraulics industry is making major strides in the efficiency and performance of its products.
Mahindra Logistics opens its largest multi-user facility near Pune
Embassy Industrial Parks, a joint venture between Embassy Group, India?s leading property developer and Warburg Pincus, a leading global private equity player, has signed Mahindra Logistics, one of the leading 3PL logistics firms in the country, as its client in their project based in Chakan, Pune.
Mobilising growth
Tyres are important components of a vehicle or machine for making it mobile. When we think about tyres, the first thing coming into our minds is a vehicle. Automobile is the largest user of tyres.
The Platform for Premieres
Comtrans 2017 has once again demonstrated its position as the leading trade fair for decision makers in the commercial vehicle (CV) and transport industry in Eastern Europe.
Escorts showcases new products at IREE 2017
Escorts has developed a series of new products to make rail travel safer and faster. The new products include anti-lift AARH couplers, axle-mounted disc brakes, brake disc for high-speed LHB coaches, locomotive brake electronics for both electric and diesel locomotives, high-end dampers for locomotives and LHB coaches besides air springs.
Hydraulic Hoses & Fittings
Hydraulic hose and fittings is one of the most important components in fluid power transmission. Selection of the right hose depends on various factors viz, operating pressure range, temperatures, abrasion resistance, and application and flow requirements. One should also consider the type of fluid conveyed and the application.
We expect a business growth of 15-20 per cent in 5 years
AKSH has a vision to become the leading Indian manufacturer of slew ring bearings with world-class engineering and product quality. Pratik Gokhale, Director - Sales and Marketing, AKSH Manufacturing Pvt Ltd, elaborates on the company's presence in the market and future plans.
Aligned with CE Growth
High pressure, large diameter and volumetric capacity hoses fitted with appropriately speced fittings and protection covering are key ingredients for heavy construction and mining machinery. Such hoses have endured extreme usage under adverse to poor operating cycles and environment.
Bauma 2016 - the biggest trade show on earth
Bauma 2016 - the biggest trade show on earth - spread across over 608,503 sq m (1.5 lakh acres) exceeded expectations this year with a participation of 3,423 exhibitors from 58 countries and the presence of about 580,000 visitors from 200 countries.
Impressive Showcase by CASH Industry
Excon 2015, in CASH domain, witnessed a plethora of equipment aggregates, sub- assemblies, components and IT solutions for OEMs in their equipment, as original suppliers and in the aftermarket space, descending on the scene of action.
Defying Market Decline
COMTRANS 2015 demonstrated its position as the leading trade fair for decision makers in the commercial vehicle and transport industry in Eastern Europe. Held from September 8 to 12 at the Crocus Expo Center in Moscow, more than 220 exhibitors from around the world presented innovations and current products.
Era Of New Generation Engines
Diesel Engines are the most preferred prime movers in construction equipment (CE), which are designed for heavy-work cycles. In order to meet changing needs of the industry