Search For "auto component sector"
Auto component sector to gain from strong order pipeline, demand recovery
Updated : 4 months, 2 weeks ago IST
The auto component sector is expected to benefit from a strong order pipeline and a recovery in demand across passenger vehicles (PV), two-wheelers (2W) and three-wheelers (3W) following the recent GST cut, highlighted a report by Centrum.
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Auto component firms witness surge in orders following GST rate cut: ASSOC
Updated : 7 months, 1 week ago IST
Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand for automobiles, resulting in a positive impact on the auto component sector during the festive season.
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Auto component sector on road to reach USD 100 billion export by 2030: Piy
Updated : 1 year, 8 months ago IST
Commerce Minister Piyush Goyal expressed confidence that the auto component sector will reach the USD 100 billion export target by 2030 making the sector one of the largest job creators in the country.
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Auto component sectoral body welcomes govt's push on exports, manufacturin
Updated : 3 years, 3 months ago IST
Sunjay J Kapur, President, ACMA, said, "The Budget is a blueprint of a digitally-enabled Aatmanirbhar Bharat, coupled with measures that will drive sustainable yet inclusive growth at a rapid pace. Focus on exports, manufacturing, local value addition and encouraging green energy and mobilit
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Auto PLI scheme attracts Rs 74,850 crore investment proposals
Updated : 4 years, 2 months ago IST
New Delhi [India], March 15 (ANI): The production linked incentive (PLI) scheme for automobile and auto component sectors has attracted investment proposals of Rs 74,850 crore for the next five years, 76.11 per cent higher than the planned target of Rs 42,500 crore, the government data showe
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PLI in Auto sector will create 7.5 lakh jobs: Heavy Industries Ministry
Updated : 4 years, 3 months ago IST
New Delhi [India], February 11 (ANI): The government expects that at least 7.5 lakh additional jobs will be created because of the Production Linked Incentive (PLI) scheme in the auto sector, Arun Goel, Secretary, Ministry of Heavy Industries, told ANI.
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Suzuki, Hyundai, Tata among 20 firms approved for auto sector PLI scheme
Updated : 4 years, 3 months ago IST
New Delhi [India], February 11 (ANI): Tata Motors, Suzuki, Hyundai, Ford, Ashok Leyland, Kia, and Bajaj Auto are among 20 companies approved for Production Linked Incentive (PLI) scheme for the automobile sector, the Ministry of Heavy Industries said on Friday.
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