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There will be a shift towards advanced synthetic and semi-synthetic grades

Ravi Chawla, MD & CEO, Gulf Oil Lubricants

Abilities secures patent for revolutionary piston technology

The technology is poised to transform the engine components landscape

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

Unleashing the hidden potential

The undercarriage parts market in India is expected to continue growing due to ongoing infrastructure projects, and the demand for reliable heavy machinery.

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

What’s driving the demand?

Increasing demand for novel construction equipment is expected to drive the global undercarriage components market in the upcoming years.

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

The Association of Indian Forging Industry (AIFI) has witnessed a challenging time in the first half of 2022 as a result of increased input costs, particularly steel, aluminum, and nickel prices.

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

Components industry to witness 60% decline due to EVs: AIFI President

AIFI has expressed concerns to the government over high steel, aluminum, and nickel prices, as the increase in steel prices has damaged the Indian forging industry

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

• The increase in steel, aluminium, and nickel prices have hammered the industry in 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.

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?.

ACMA announces new President, Vice President

The Automotive Component Manufacturers Association of India (ACMA) announced the appointment of Nirmal K Minda as the President and Ram Venkataramani as the Vice President of ACMA for the term 2017-18. The announcement was made at the 57th ACMA Annual Session during its Executive Committee meeting.

This year, our focus is on the earthmoving segment

The current scenario seems encouraging with the construction equipment industry seeing considerable growth this year. With investments in infrastructure growth set to go up, the demand for construction equipment is set to rise further. We are already witnessing good growth from both earthmoving and road construction segments, especially from platforms like excavators and loaders.

On Growth Path

The Indian auto components industry is one of the fastest growing industries. Coupled with growing demand and technological advancements, the auto components industry in India has emerged as a key market in Asia as well as the world.

Beat the competition

During his speech at the Madison Square Garden, New York, Prime Minister Narendra Modi, in no uncertain words, spelt out his vision of ?Make in India? once again. He called upon the enterprising Indo-Americans to come back before it was too late

Making Equipment Tick

Machine tools play a crucial role in the manufacture of precision components, which enable the production of robust and reliable equipment. Without machine tools, no components or parts would exist.

Electric power is the future

Middle East is once again showing signs of unrest, which could have an effect on the supply and prices of crude oil. With supply under pressure, prices are bound to rise: Once again, bringing into focus the challenges that continue to emerge, adding further pressure on total cost of ownership (TCO).

Modular Ways To Stay Fit

India continues to be one of the most dynamic markets for the global construction machinery industry. By 2016, about 80,000 units are expected to be sold in the country. The long-term prospects of the market look sharp, despite the current slowdown the industry is experiencing. By the time this issue goes to press, India would have started casting votes to elect its representatives to the nation?s Parliament amid rising expectations for rapid economic growth and a return of opportunities. There

Auto component players may invest Rs 7,000 cr

According to the rating agency ICRA, the auto components industry may invest around Rs 7,000 crore over the next three years on new projects, though its revenue growth will remain weak in the absence of domestic demand and an uncertain global economic environment.

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