Search For "auto components"
India-US, EU trade engagement to boost auto components, battery ecosystem:
Updated : 1 month ago IST
India's calibrated trade engagement with the United States and the European Union is set to strengthen the country's auto component exports and support its emerging battery and advanced manufacturing ecosystem, Heavy Industries Minister HD Kumaraswamy said today.
Read More
US trade deal to enhance export competitiveness for auto component manufac
Updated : 1 month ago IST
As per the data shared by the ACMA, trade in auto components between India and the United States has continued to expand over the past five financial years, reflecting strengthening industrial ties between the two countries. India's exports of auto components to the US rose from USD 3,561 mi
Read More
US tariff relief opens USD 50 Billion export opportunity for India: CII Pr
Updated : 1 month, 1 week ago IST
Memani noted that the United States, the world's largest economy, is also India's largest trading partner, with total Indian exports to the US estimated at around USD 80-90 billion annually. Of this, nearly 50-60 per cent, roughly USD 50 billion, comes from labour-intensive sectors such as g
Read More
Higher PLI allocation & policy support for rare earth minerals to boost EV
Updated : 1 month, 1 week ago IST
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
Read More
ACMA Automechanika New Delhi 2026 set to host its Largest Edition with 870
Updated : 1 month, 1 week ago IST
New Delhi [India], January 30: ACMA Automechanika New Delhi 2026, India's largest ever sourcing expo for aftermarket and auto components, will take place from 5-7 February 2026 at Yashobhoomi (IICC), Dwarka, marking its largest edition to date with over 870+ exhibitors from 20 countries.
Read More
India-EU FTA set to reshape auto market while boosting beverages and manuf
Updated : 1 month, 2 weeks ago IST
In the automotive sector, the agreement is poised to redefine the top end of the passenger vehicle market. With proposed reductions in import duties on select European cars, global manufacturers are likely to reassess pricing strategies and product launches in India, particularly in the luxu
Read More
Massive opening up of opportunities due to India-EU Free Trade Agreement:
Updated : 1 month, 2 weeks ago IST
Commerce and Industry Minister Piyush Goyal has said that the India-EU Free Trade Agreement, which was finalized on Tuesday, will open massive opportunities and while European Union has opened up many new sectors, India will open its doors for greater import of auto components, automobiles,
Read More
"Our focus for next five years is to triple exports from India and our pla
Updated : 1 month, 2 weeks ago IST
Minda Corporation Ltd is supplying auto components to almost all automotive manufacturers in the country and its focus is to triple exports in the next five years from India and plant locations in Indonesia and Vietnam, the company's Executive Director Aakash Minda said on Thursday.
Read More
India-Oman FTA to unlock new opportunities across key sectors: Piyush Goya
Updated : 2 months, 3 weeks ago IST
India-Oman Free Trade Agreement will open up significant opportunities across sectors including textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy and auto components. This was stated by Union Minister of Commerce and Industry, Piyush Goyal, while add
Read More
Punjab's Southern Industry Outreach in Hyderabad and Chennai: Big Boost to
Updated : 3 months, 3 weeks ago IST
New Delhi [India], November 18: Punjab's investment outreach in South India with two high-impact roadshows in Hyderabad and Chennai has delivered a significant boost to industry confidence and opened investment opportunities for the state from the region. Led by Minister for Industries & Co
Read More
Sona Comstar CEO urges government to engage China on rare earth magnet exp
Updated : 5 months, 1 week ago IST
Vivek Vikram Singh, Managing Director and Group CEO of Sona Comstar, has urged the government to hold discussions with China to address the supply constraints around rare earth metals that are vital for the auto component industry.
Read More
Ola electric gets PLI certification for its Gen 3 scooters
Updated : 6 months, 2 weeks ago IST
Ola Electric on Monday announced that it has received certification for compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector for its Gen 3 scooter portfolio.
Read More