ACMA signs MoU with BFZ to promote vocational training, address skill-gap

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, signed a Memorandum of Understanding (MOU) with BFZ, the Training and Develop...

AMG Corporation unveils new identity of its flagship brand Premier Plus

After a decade of operations, AMG Corporation has revamped the logo of its flagship brand Premier Plus to consolidate and grow its position in the automotive aftermarket industry. Premier Plus is a specialist in rub...

Indian Auto Component industry turnover at Rs. 2.92 lakh crore

The turnover of the Indian auto component industry stood at Rs. 2.92 lakh crore (USD 43.5 billion) for the period April 2016 to March 2017, registering a growth of 14.3 per cent over the previous year and a CAGR of ...

Sundaram-Clayton plans to invest Rs 750 cr in India, US

Sundaram-Clayton Limited (SCL) is planning to invest Rs 400cr over 3 years to expand its facilities in India. This will increase its capacity from 60,000 MT to 70,000 MT. SCL has 4 manufacturing plants situated in ...

Gestamp Rs 260 crore investment in first hot stamping plant in India

Gestamp, a Spanish multinational company specialised in the design, development and manufacture of metal components for the automotive industry, has launched a new plant specialised in hot stamping in Pune (India). ...

‘Make in India’ loses sheen in auto components industry; Records degrowth in exports

For the first time in five years, “Make in India” lost some of its sheen in the Indian auto components industry as imports increased dramatically and exports recorded a negative growth. Exports recorded (-) 3.7pc gr...

Eaton to establish global innovation centre in Pune

Power management company Eaton has announced its decision to establish a global innovation centre in India for which a modern 390,000 sq. ft. facility is being built at Magarpatta City in Pune. The establishment of ...

Component exports increase by 16.7pc: ACMA

The Indian auto components industry has come of age. This was clearly reflected in the fact that the industry recorded a 16.7pc growth at Rs 61,487 crore (US $ 10.2 billion) for the year 2013-14 as compared to Rs 52...

N K Minda Group opens design centre in Taiwan

N K Minda Group opens design centre in Taiwan




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