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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

New emission norms for CEVs from April 2021

The stage is now set for the implementation of the new emission norms in the construction equipment vehicles (CEVs) and tractor segments.

New emission norms for CEVs deferred to April 2021

The stage is now set for the implementation of the new emission norms in the construction equipment vehicles (CEVs) and tractor segments with the notification of the Ministry of Road Transport and Highways (MoRTH) in this regard.

Tyre demand to grow 6-7%

Research and rating agency, ICRA, expects the domestic tyre demand to report a volume growth of 6-7 per cent, supported by a broad-based revival in automotive original equipment manufacturers (OEM)

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