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India鈥檚 Road Expansion Fuels Surge in CE Demand

Fueled by rising government spending, rapid urbanisation, technological innovations, and the 鈥楳ake in India鈥� initiative, the future of the construction equipment industry is promising, brimming with potential and opportunities.

Road ahead for CE industry

Driven by increased government spending, rapid urbanisation, technological advancements, and the 鈥楳ake in India鈥� initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.

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 likely to grow 8-10% in FY23

According to rating agency Icra, the Indian auto component industry might have 8% to 10% growth in Financial Year (FY) 2023, due to the easing of supply-chain issues along with commodity inflation in the next half of the year.

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.

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

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.

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?.

Rolling On Smoothly

Bearings are an integral part of equipment which increase efficiency by reducing friction, while maintaining the operational requirements. In this fast moving age of industrialisation, efficiency is the key to success. Construction equipment operates in very demanding environments

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