Revenue in the Indian auto component industry is expected to expand by 8-10 per cent in the upcoming financial year 2025-26, according to rating agency ICRA.
India's auto component industry is expected to face only a limited impact from the potential reciprocal tariffs proposed by US President Donald Trump on auto industry, according to a report by Nomura.
New Delhi [India], January 20: Advik Hi-Tech Pvt. Ltd., a global leader in automotive technology and a trusted partner to top-tier OEMs worldwide, unveiled a pioneering portfolio of products at the Auto Component Expo - Bharat Mobility Global Expo 2025. Hosted from January 18 to 21 at Yashob
New Delhi [India], January 18: Bosch Limited, a leading global supplier of technology and services showcases its innovative advancements towards the future of automotive sector at the Bharat Mobility Global Expo (BMGE) 2025, held from January 17-22. With a focus on state-of-the-art safety sy
The auto component aftermarket grew by 5 per cent due to increase in used vehicle parc and formalization of the repair and maintenance market, according to the findings of Automotive Component Manufacturers Association of India (ACMA).
The industry, which was valued at USD 36.1 billion in H1 FY24, surged to USD 39.6 billion in H1 FY25. Several trends have emerged in the market, with consumers shifting towards larger and more powerful vehicles across all segments.
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.
Gurugram (Haryana) [India], August 13: In its unwavering commitment to customer safety, Hyundai Mobis, one of the leading auto components brand, proudly announces the launch of its "Customer Awareness" campaign for the monsoon season. This initiative is designed to highlight the importanc
Manufacturing sentiments in India have shown an improvement in the first quarter of the financial year 2024-25, according to FICCI's Quarterly Survey on Manufacturing.
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the body representing India's auto component manufacturing industry, in its review for the fiscal year 2023-24, as per a release.
International Centre for Automotive Technology (ICAT), Manesar, which is one of the divisions of the National Automotive Board (NAB) under the Ministry of Heavy Industries has awarded its first PLI - Automotive Certificate to Ola Electric Technologies under the Production Linked Incentive (P
New Delhi [India], May 30: NDR Auto Component (NSE - NDRAUTO & BSE - 543214), engaged in the business of manufacturing seating solutions like frames and trims to four wheelers and two wheelers vehicles, has announced its audited Financial Results for the Q4 & FY23.