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Road ahead for CE industry
Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.
Why is CE Industry Shying Away from Sharing Info
At a time when even the Supreme Court forced the Government of India to reveal the donors to the electoral bond scheme, there are associations in India, which are not maintaining the spirit of transparency, argues PRATAP PADODE.
Building India’s Global Manufacturing Capabilities
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.
Boost on the cards for auto components?
The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.
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
SIAM Conclave Focuses on Building Resilient Supply Chain
Industry experts and leaders came together to address challenges in the supply chain.
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
Kotak Arm invests in Viney Corporation
A Kotak Mahindra Bank arm announced a Rs 450 crore investment in automobile components company Viney Corporation and its promoter Brijesh Aggarwal.
PLI scheme to give boost to auto components: Minister
Heavy Industries Minister Mahendra Nath Pandey said the introduction of the PLI (production-linked incentive) scheme will give a big boost to the manufacturing of auto components like sunroofs and automatic brakes.
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
CEAT to provide tech for connected vehicles, EV components
CEAT has planned to diversify its product portfolio by offering the latest technologies for connected vehicles and electric vehicles (EVs).
3i EXPO & Conference gets a rousing response from the manufacturing industry; IPF presents awards to 19 SMEs from across India
3i EXPO & Conference gets an arousing response from manufacturing industry; IPF presents awards to 19 SMEs from across India
Chamarajanagar to set up lithium-ion cells production unit
Chamarajanagar in Karnataka will set up a production unit of Lithium-ion cells and batteries, which will soon power the electric vehicle (EV) revolution across India.
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
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.
Budget spurs order books
The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.
Indian auto component industry clocks de-growth
As per the industry performance review for the first half (H1) of fiscal 2020-21 announced by the Automotive Component Manufacturers Association of India (ACMA), the turnover of the automotive component industry stood at Rs 1.19 trillion for April-September 2020, registering a de-growth of 34 per cent over the same period last year.
JCB India’s largest parts centre inaugurated in HaryanaJCB India inaugurated its largest
JCB India inaugurated its largest parts centre at Bhaproda, Haryana. The facility spread over 150,000 sq ft will provide parts support to the northern Indian region. It will cater to 15 dealer locations and contribute almost 40 per cent to JCB’s parts business in India.
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
COVID 19 Impact
With more than 42,000 lives lost and over 850,000 positive cases worldwide in around 200 countries, the coronavirus disease (COVID 19) is continuing its destructive act on the world. The world is on a war footing to prevent the spread of the deadly virus.
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.
Braving challenges
With this March marking the closure of another financial year in the country, the world economy is reeling under a host of issues ranging from the slowdown that hit the market for more than a year to the coronavirus scare.
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?.
Flurry of road bids expected
According to the latest reports, India's GDP growth rate slipped to 4.5 per cent in the July-September quarter of this fiscal.
Escorts Ltd divests auto products business
Escorts Ltd announced the divestment of its OEM and export business of auto product division to Badve Engineering Ltd
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
Brexit?s Impact on India
Brexit as an event will impact the future of the UK and EU. This victory for exit, however narrow, came as a surprise as pre-voting polls predicted the results to be otherwise. The next step is to ratify the Article 50 of the Lisbon Treaty. But before the treaty there are a lot of issues which need to be worked out.
Material Handling: Meteoric Rise
Modern warehousing and inter modal logistics industry initiatives in India, have redefined how business is conducted in the country in most industry sectors as well as its geographic regions.
Sheet Metal Pressed Components
Crescent Auto Components offers a wide range of sheet metal pressed components. These are widely used in multiple automotive and industrial applications.
Automotive bearings
Delux Bearings is a manufacturer of bearings for automotive and industrial applications, and textile and precision components. The product range comprises different types of bearings such as clutch release bearings, taper roller bearings, centre joint bearings, cylindrical roller bearings, ball bearings, king pin bearings, steering bearings, bogie bearings, cylindrical bearings, spherical roller bearings, mast bearings (fork lift), tensioner (idler) pulley, precision buses, and auto components (
Exhaust Systems
Bharat Automotive Pressings India is a manufacturer of sheet metal components. The company specialises in the manufacture of exhaust systems, sheet metal rocker cover
Forging Ahead
The Indian forging industry is poised to grow and see major investments for capacity expansion in the coming years. The Prime Minister?s ?Make in India? vision will be added fillip to the industry?s plans to diversify its focus into non-automotive and industrial segments apart from automotive sector.
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.
Automotive bearings
Delux Bearings is a manufacturer of bearings for automotive and industrial applications, and textile and precision components. The product range comprises different types of bearings such as clutch release bearings,
Scania will bring its global expertise to India
The Scania engine strategy still has a basis in the modular system in which common interfaces and similar parts make the lifecycle cost very competitive for our customers, says Anders Grundstromer, Managing Director, Scania India, and Senior Vice President, Scania Group. Excerpts from the interview...
Dies, Jigs & Fixtures
Tokai Engineering is a manufacturer of precision dies, jigs and fixtures. The product range includes welding jigs and fixtures, Multi Spot Welding Machines (MSW), Special Purpose Machines (SPMs), welding accessories, MIG welding accessories, spot welding accessories,
Rapid prototyping
ACTECH GmbH designs and produces casting prototypes and small batches for clients from industries like automotive, auto components, aerospace, machine and plant manufacturers. For the automotive industry and automotive suppliers, the company offers sand and investment castings using rapid prototyping. It also manufactures metal castings in small batch quantities. The castings are produced in aluminium, iron and steel alloys, and include products like exhaust manifold, cylinder head, crankcase, c
Scanning and deformation
APM Technologies specialises in the field of 3D scanning services, reverse engineering services, rapid prototyping services, measuring and product development. The company, in the field of scanning and deformation measurements, employs extremely sophisticated ATOS scanning system and TRITOP photogrammetry systems offer scanning solution for a wide variety of components, while the cutting edge ARAMIS, ARGUS, PONTOS and ESPI address to different deformation needs. For companies that need the proof