📚 Extracted Documents

This press release from the Automotive Component Manufacturers Association (ACMA) details the sixth ACMA Technology Summit & Awards, highlighting efforts towards building an 'Atmanirbhar Bharat' in the automotive sector. It discusses government recognition, policy support, and the need for technology adoption in the auto component industry. The release also covers acknowledgments for companies with significant contributions in various domains and includes statements from key industry leaders and government officials.

The Automotive Component Manufacturers Association of India (ACMA) issued a press release expressing positivity towards the Union Budget's provisions that impact the automotive sector. The statement from Deepak Jain, President of ACMA, highlights budgetary allocations for infrastructure, R&D, and customs duty enhancements. These measures are seen as support for local manufacturing and economic growth, particularly in the post-pandemic context.

This press release by the Automotive Component Manufacturers Association of India (ACMA) details the performance review of the Indian auto component industry for the first half of fiscal 2020-21. It highlights a 34% decline in turnover to Rs. 1.19 lakh crore and discusses the industry's cautious optimism for future prospects despite challenges from the COVID-19 pandemic. The document emphasizes trade surplus for the first time and outlines key financial statistics on exports, imports, and aftermarket performance.

This press release announces the successful conclusion of the fifth edition of iAutoConnect 2020 organized by the Automotive Component Manufacturers Association of India (ACMA), in collaboration with the Ministry of Commerce & Industry. The virtual event featured participation from over 65 Indian auto component manufacturers and more than 307 international distributors. The event aimed to enhance global exposure for Indian manufacturers and support the 'Make in India' initiative.

The document is a press release about the inauguration of the 5th edition of iAutoConnect 2020 by ACMA under the Ministry of Commerce & Industry, Government of India. Held virtually, the event connects global auto component distributors and buyers with Indian exhibitors, promoting aftermarket exports. The release highlights the participation details and the industry's resilience in adapting to disruptions caused by the COVID-19 pandemic.

This is a press release from the Automotive Component Manufacturers Association of India (ACMA), announcing their positive reception of the cabinet's approval of the Production Linked Incentive (PLI) scheme for the auto and auto components sector.

This press release issued by the Automotive Component Manufacturers Association of India (ACMA) expresses concerns about a new legislation in Haryana mandating 75% job reservation in the private sector for locals. ACMA calls for the state government to reconsider this bill, highlighting the potential negative impacts on the industry and future investments. The statement underscores the need for a skilled workforce, citing that hiring should be based on talent rather than domicile.

This press release statement from Deepak Jain, President of the Automotive Component Manufacturers Association of India (ACMA), addresses the report by the Expert Committee on the Resolution Framework for Covid-19 related stress. Jain expresses gratitude for the timely guidelines and discusses the benefits to the auto-components sector, while recommending adjustments to lending parameters to aid the industry's recovery. The press release also provides contact information for further inquiries.

The document is a press release issued by the Automotive Component Manufacturers Association of India (ACMA), announcing the re-appointment of Deepak Jain as President and Sunjay Kapur as Vice President for the 2020-21 term. The announcement was made during ACMA's 60th Annual General Meeting. ACMA's Director General, Vinnie Mehta, highlights Jain's significant role and leadership in promoting the auto component industry, especially during challenging economic circumstances.

The document is a press release issued by the Automotive Component Manufacturers Association of India (ACMA) detailing their 60th Annual Convention. The event focused on 'Shaping the New Normal' for the auto component industry in a post-COVID world, with participation from key government officials like Shri Nitin Gadkari, and industrial leaders. The release includes discussions on the strategic direction for India's automotive sector and the launch of a new ACMA mobile application.

This press release from the Automotive Component Manufacturers Association of India (ACMA) details the industry performance for the fiscal year 2019-20, with a significant turnover decline of 11.7% to Rs. 3.49 lakh crore due to a downturn in the vehicle industry. It sheds light on the challenges faced, such as the transition from BSIV to BSVI, and the impact of COVID-19 on production and logistics while pointing out the industry's resilience and future prospects. The release emphasizes recommendations to the government for economic incentives and regulatory reforms to bolster the sector's competitiveness and demand.

The press statement by Deepak Jain, President of the Automotive Component Manufacturers Association of India (ACMA), addresses the import congestion faced by automotive components due to mandatory inspections. Jain emphasizes the importance of these imports for critical components and the potential disruptions in the automotive manufacturing chain. The statement aligns with India's 'Atma-nirbhar vision' and highlights the contribution of the auto component industry to the economy.

This press release from the Automotive Component Manufacturers Association of India (ACMA) outlines their positive response to the government's new measures for the MSME sector, highlighting the benefits for auto component manufacturers. ACMA President Deepak Jain emphasized the importance of the Economic Revival Package and called for further government support in demand generation for the automotive industry. It conveys ACMA's approval of the new MSME definitions and liquidity infusions.

This is a press statement from Deepak Jain, President of the Automotive Component Manufacturers Association (ACMA), regarding the new guidelines issued by the Ministry of Home Affairs in India for containing the COVID-19 epidemic. Jain expresses support for the guidelines and discusses the impact of the lockdown on the auto component industry, urging the government for a financial stimulus. He emphasizes the importance of resuming operations safely, aligned with customer needs and local authorities' directives.

This press release, issued by the Automotive Component Manufacturers Association of India (ACMA) on March 27, 2020, discusses the relief measures being sought for the auto component industry amid the COVID-19 pandemic. It highlights the formation of a taskforce to explore the production of facemasks and hand sanitizers by auto component companies and details the industry's request for government support in terms of borrowing norm relaxation and support for working capital. The release underscores the industry's concern about production losses and emphasizes its commitment to employee welfare despite economic hardships.

This press release announces the first ACMA Auto Components Aftermarket Expo in Patna, scheduled for March 14-15, 2020. Organized by the Automotive Component Manufacturers Association of India, the event aims to introduce aftermarket business opportunities in Bihar and Jharkhand. The expo will focus on the usage of genuine components, with workshops for mechanics and technicians, and will feature over 50 leading component manufacturers showcasing their products.

This press release announces the successful conclusion of the 15th edition of Auto Expo 2020 Components in New Delhi, organized by ACMA, CII, and SIAM. The event, held from February 6-9, 2020, showcased technological advancements in the automotive component industry, with over 400 companies launching 1200 new products. Prominent figures, including government ministers and industry leaders, attended, underscoring the Indian auto component sector's readiness for future innovations and its role in contributing to India's economic goals.

This is a press release by ACMA, the apex body representing India's auto component sector, welcoming the measures announced in the Union Budget. It highlights support for MSMEs through a handholding scheme, enhancements to ease of doing business, and tax reforms, as well as encouraging Make in India initiatives by addressing import duties and the GST structure. The statement includes a mention of electronic manufacturing and a call for a uniform GST rate on auto components.

This press release, issued by the Automotive Component Manufacturers Association (ACMA), announces the 15th edition of Auto Expo 2020-Components in New Delhi. The event, themed 'Technovation - Discover Innovations for Future', will showcase cutting-edge advancements in BSVI & Emissions, Safety, and e-mobility sectors, featuring over 1,500 exhibitors from 20 countries. The expo aims to highlight technological prowess and future mobility solutions to foster industry growth despite current economic slowdowns.

This press release announces the signing of a Memorandum of Understanding (MoU) between the Automotive Component Manufacturers Association of India (ACMA) and NASSCOM's Center of Excellence for IoT & AI. The partnership aims to promote digital transformation in the auto components sector by collaborating on technology adoption and innovation. The document details the benefits of the collaboration, such as workshops and events to drive tech adoption, and highlights the importance of digital innovation for competitiveness in the industry.

This press release from the Automotive Component Manufacturers Association of India (ACMA) outlines their recommendations for the upcoming Union Budget 2020. ACMA advocates for a uniform 18% GST on all auto components and suggests measures to boost R&D and technology development. The release emphasizes the significant role of the auto component sector in India's economy and the need for government action to support its growth during economic slowdowns.

This is a press release issued by the Automotive Component Manufacturers Association of India detailing the performance of the Indian Auto Component Industry in the first half of fiscal 2019-20. The industry saw a 10.1% decline in turnover from the previous year, with exports growing by 2.7% and the aftermarket seeing a 4% growth. The release highlights challenges faced by the industry, such as a slowdown in vehicle sales, and suggests a uniform GST rate across the sector to stimulate growth.

This is a press release from the Automotive Component Manufacturers Association of India (ACMA) about their 5th Technology Summit held in Pune on November 25-26, 2019. The summit focused on the theme 'Exploring New Frontiers of Technology' and discussed various disruptions and opportunities in the automotive industry. It also included the awarding of the ACMA Annual Awards and the launch of a study on future automotive themes.

This press release by the Automotive Component Manufacturers Association of India announces the opening of two new state-of-the-art labs: a Mechatronics lab and a Design lab. These facilities are part of ACMA's Centre of Excellence at IIT-Delhi aimed at enhancing industrial production skills and fostering IP creation within the Indian auto component industry. The labs are expected to benefit ACMA members through the development of automation skills and design capabilities.

This document is a press release from the Automotive Component Manufacturers Association of India (ACMA), detailing the 4th edition of iAutoConnect 2019, an International Reverse Buyers-Sellers Meet held on 26 and 27 September 2019 in Noida, India. The event aimed to increase exports by providing a platform for 120 Indian auto component manufacturers to meet with 178 international aftermarket distributors from over 45 countries. The press release highlights the success of the event and the opportunities it presented underlining India's growing reputation in the global auto component market.

This is an official press release announcing the appointment of Deepak Jain as the President and Sunjay Kapur as the Vice President of the Automotive Component Manufacturers Association of India (ACMA) for 2019-21. The announcement was made during the 59th ACMA Annual Session. ACMA is the apex body representing the Indian auto component industry, which contributes significantly to India's GDP.

This press release from the Automotive Component Manufacturers Association of India (ACMA) discusses measures announced by India's Finance Minister to boost the auto industry, including enhancing liquidity and adjusting GST rates. The ACMA President expressed approval of the government’s actions to support the auto sector amidst declining sales. Key measures include deferring vehicle registration cost hikes and introducing a potential Scrappage Policy to stimulate demand.

This press release from the Automotive Component Manufacturers Association of India (ACMA) reports on the performance of the Indian auto component industry for the fiscal year 2018-19. It highlights growth despite challenges, with a turnover of Rs. 3.95 lakh crore and a 17.1% increase in exports. The release expresses concerns about industry slowdowns, calls for urgent government intervention, and addresses the need for a stable policy on electric mobility.

This press release by the Automotive Component Manufacturers Association of India (ACMA) welcomes the Union Budget's measures aimed at promoting manufacturing and growth in the auto sector, particularly focusing on electric vehicles (EVs). It highlights increased import duties on certain auto components, incentives for EVs, and the extension of corporate tax relief for SMEs. The release underscores the budget's alignment with India's economic goals and its potential positive impact on the auto industry.

This is a press release from the Automotive Component Manufacturers Association (ACMA) detailing their recommendations for the upcoming July 2019 budget. The text emphasizes the need for a uniform GST rate of 18% on all auto components and suggests the creation of a Technology Development & Acquisition Fund. ACMA also discusses the reduction of customs duties on raw materials and incentivizing R&D spending to support the transition to BSVI norms and electric mobility.

This press statement from ACMA, the Automotive Component Manufacturers Association of India, emphasizes the need for a carefully planned transition to e-mobility in India. It discusses government plans for rapid implementation of electric vehicles and the potential disruptions to the auto component industry. ACMA advocates for a calibrated approach to support industry preparedness while preventing excessive imports and preserving local manufacturing.

This document is a press release from the Automotive Component Manufacturers Association of India (ACMA) about the National xEV Localisation Conference & Exhibition held on May 20, 2019, in New Delhi. The event focused on the FAME – 2 scheme, promoting the localization of xEV components and charging infrastructure in India. Key figures from government and industry participated, discussing opportunities and challenges in electrifying vehicles and manufacturing components locally.

This document is a press release from the Automotive Component Manufacturers Association of India (ACMA) detailing the sixth MSME Summit held on 2nd May 2019 in Delhi. The summit focused on creating an enabling environment for global leadership in automotive manufacturing and featured talks by industry experts. The release highlights ACMA's initiatives to support MSMEs in the industry.