📚 Extracted Documents

This is a press release from the Automotive Component Manufacturers Association of India (ACMA) announcing the appointment of Mr. Vikrampati Singhania as President and Mr. Sriram Viji as President Designate for the term 2025-2026. The release highlights the strategic focus of the new leadership to enhance India's competitiveness in the auto component industry amidst global changes like increased EV adoption. It emphasizes the importance of resilience, sustainability, and collaboration with the government to foster a future-ready mobility ecosystem.

This is a press release from the Automotive Component Manufacturers Association of India (ACMA) about their 65th Annual Session, which emphasized supply chain resilience amid global shifts. The event featured notable policymakers and industry leaders discussing strategies to strengthen India's role in global automotive supply chains. A key highlight was the release of an ACMA–McKinsey Study projecting India's auto component industry to reach $200 billion by 2030, amidst the backdrop of government policy reforms and global trade shifts.

The Automotive Component Manufacturers Association of India (ACMA) has announced the passing of Mr. Sunjay J. Kapur, their former President, who died of a heart attack on June 12, 2025. Mr. Kapur was a prominent leader in the automotive industry, significantly advancing ACMA's global competitiveness and the readiness of electric vehicles. The announcement also extends condolences to Mr. Kapur's family and highlights his contributions to the industry and his love for polo.

The Automotive Component Manufacturers Association of India (ACMA) issued a press release detailing the Indian auto component industry's growth with a turnover of Rs. 6.73 lakh crore in FY 24-25. The industry experienced a CAGR of 14% from FY20 to FY25, and the document highlights key figures including a trade surplus and increasing exports. Leaders of ACMA emphasized the industry's resilience and investments in technology and localization to meet the demands of domestic and global markets.

This press release from the Automotive Component Manufacturers Association of India (ACMA) congratulates the Finance Minister on the Union Budget 2025-26, commending its focus on strengthening the manufacturing sector and promoting clean mobility. It highlights key initiatives like enhanced credit guarantees for MSMEs, support for EV supply chain development, and customs duty reforms that benefit the auto component industry. ACMA views the budget as a strong move towards bolstering India's global competitiveness and economic growth.

This press release announces the first edition of the Automotive Aftermarket Expo hosted by the ACMA Mobility Foundation, scheduled for December 06 and 07, 2024, in Patna. The event will see participation from over 40 exhibitors and is designed to foster collaboration and innovation in the automotive aftermarket sector. Key figures such as Vinnie Mehta and Ramashankar Pandey provide insights into the industry's commitment to genuine spare parts and vehicular safety.

This is a press release issued by the Automotive Component Manufacturers Association of India (ACMA) mourning the passing of Mr. Ratan Tata, a prominent business leader. The release highlights Mr. Tata's significant contributions to the automotive industry and his influence on India's manufacturing sector. ACMA expresses condolences to the Tata family and acknowledges his legacy in advocating for electric mobility and sustainable growth.

This press release by the Automotive Component Manufacturers Association of India (ACMA) announces the proceedings of its 64th Annual Session, centered on self-reliance and global competitiveness in mobility components. The event, attended by distinguished government and industry figures, included the launch of the ACMA Mobility Foundation and introduced new initiatives in partnership with the Gates Foundation to enhance gender diversity in manufacturing. Key highlights included the projection of a $200 billion market size by 2030 and efforts to position India as a global leader in advanced automotive solutions.

This press release by the Automotive Component Manufacturers Association of India (ACMA) reports on the Indian auto component industry's performance for the fiscal year 2023-24, revealing a turnover of Rs. 6.14 lakh crore and a 9.8% growth. It highlights the industry's success in exports, a robust aftermarket, and the growing supply to electric vehicles. ACMA representatives discuss the factors contributing to growth and provide an optimistic outlook for the industry's future.

This document is a press release by the Automotive Component Manufacturers Association of India (ACMA) expressing support for the Union Budget's focus on inclusive growth, infrastructure, and manufacturing. It highlights the benefits for the automotive sector, such as the abolition of angel tax and incentives for skilling and employment. The release appreciates measures to enhance MSMEs, energy security, and promote gender diversity in the workforce.

This press release from the Automotive Component Manufacturers Association of India (ACMA) details the recommendations submitted to the Indian government for the Union Budget 2024-25. Key proposals include incentives for capital expenditure, increased depreciation rates on machinery, and GST rationalization for EV components. The release emphasizes the industry's hopes for continued support and growth through governmental reforms.

This press release by the Automotive Component Manufacturers Association of India (ACMA) announces the 58th ACMA Excellence Awards held on March 5, 2024, recognizing 59 auto component manufacturers for outstanding achievements in various categories such as manufacturing, sustainability, and exports. The event featured high-profile attendees from both the government and industry sectors, emphasizing the industry's commitment to innovation and sustainability. It also highlighted the Indian automotive sector's contributions to the 'Make in India' initiative and a more sustainable future.

This press release from the Automotive Component Manufacturers Association of India (ACMA) announces the successful conclusion of the 'Transforming Mobility 2024 - Global Summit & Expo'. Held at the Maneshaw Centre in New Delhi, the event featured over 50 EV and component manufacturers, focusing on promoting partnerships and enhancing the competitive EV manufacturing base in India. It highlighted the industry's commitment to innovation and sustainable transportation, drawing participants from 16 countries and featuring industry leaders as speakers.

This press release from the Automotive Component Manufacturers Association of India (ACMA) provides insights into a study conducted with Ernst & Young, revealing that the Indian automotive aftermarket is expected to grow to USD 14 billion by 2028. Furthermore, it highlights that there is a USD 35 billion export potential in ten major international markets. The release also announces the 5th ACMA Automechanika New Delhi event at the Bharat Mobility Global Expo 2024, with expected participation from over 500 exhibitors showcasing innovations in the automotive industry.

This press release from the Automotive Component Manufacturers Association of India (ACMA) announces a 12.6% growth in the Indian auto component industry's turnover for the first half of fiscal year 2023-24, reaching INR 2.98 lakh crore (USD 36.1 billion). It highlights the steady performance in exports and sales to OEMs, along with continued investments in technology upgrades and localization. The release also provides detailed insights into the industry's performance in exports, imports, and the aftermarket.

This press release from the Automotive Component Manufacturers Association of India (ACMA) announces the successful conclusion of the 8th edition of iAutoConnect 2023. Held in New Delhi on November 22-23, 2023, the event was a reverse buyers and sellers meet showcasing over 145 auto component manufacturers. Participants included 150 buyers from more than 35 countries, highlighting India's role in the global auto component industry.

This press release from the Automotive Component Manufacturers Association (ACMA) reports on India's significant presence at Automechanika Dubai 2023. The India pavilion, the third largest at the event, highlighted the country's auto component manufacturing excellence and innovation. The participation aimed to promote India's capabilities and explore export opportunities in West Asia and North Africa.

This press release announces the appointment of Ms. Shradha Suri Marwah as the President and Vikrampati Singhania as the Vice President of the Automotive Component Manufacturers Association (ACMA) for the 2023-25 term. The announcement, made by Vinnie Mehta, Director General of ACMA, emphasizes Marwah's leadership and the significant role ACMA plays in enhancing industry competitiveness and promoting exports. This release outlines ACMA's commitment to fostering innovation and sustainability in the Indian auto component sector.

This press release from the Automotive Component Manufacturers Association (ACMA) details the highlights of its 63rd annual session held in New Delhi. Key government and industry leaders discussed the theme 'Mobility 360° – Sustainability for Competitiveness,' emphasizing sustainability, energy decarbonization, and innovation in the auto sector. A joint report with McKinsey & Co. was released to address these themes and the role the auto industry can play in achieving net-zero emissions by 2070.

This press release from the Automotive Component Manufacturers Association of India (ACMA) announces the highest-ever turnover of Rs. 5.6 lakh crore for the Indian auto component industry in FY 2022-23, marking a 32.8% growth. It highlights substantial growth in sales to OEMs, steady exports, and a thriving aftermarket. The document also provides insights into the performance and outlook of the industry, noting challenges such as supply chain disruptions and trade deficits.

This press release, issued by the Automotive Component Manufacturers Association of India (ACMA), announces the upcoming 'Automotive Think Turf 2023 - Smart Manufacturing Through Digital Innovation' event in collaboration with Pro MFG Media, to be held at IIT Madras Research Park on August 4th, 2023. It highlights the participation of over 20 industry leaders and focuses on smart manufacturing, digital innovation, and automation in the automotive sector. The release also details the conference's agenda and the esteemed partners involved.

This press release announces the conclusion of the 3rd Automotive Raw Materials Conclave & Exhibition organized by the Automotive Component Manufacturers Association of India (ACMA) in association with the Alloy Steel Producers Association (ASPA). Key discussions focused on the adoption of advanced materials in vehicle design, sustainability, and industry collaboration towards a greener future. Dignitaries emphasized the significance of innovation and regulatory alignment in meeting future challenges in the automotive sector.

This press release announces the Automotive Aftermarket Show hosted by the Automotive Components Manufacturers Association of India (ACMA), set to occur on July 8th and 9th, 2023, in Indore. It highlights the event's objectives, which include fostering collaboration and promoting innovation in the aftermarket industry, and provides insights from key personnel at ACMA about the significance of the event. The release also mentions the participation of renowned manufacturers and suppliers and outlines the event's comprehensive program targeting stakeholders in the automotive aftermarket sector.

This is a press release from the Automotive Component Manufacturers Association of India (ACMA) about their organization of a Tech-Show for Chennai Metro Rail Limited. The event, held in collaboration with 'Facilitating MSMEs of Tamil Nadu', aimed to showcase advanced Rolling Stock Solutions by 24 component manufacturers. The Tech-Show aimed to promote localization in the rail transport sector with various technological exhibits displayed at the event.

This press release from the Automotive Component Manufacturers Association of India (ACMA) announces the successful conduct of a 'National Conference & Display on Automotive Cyber Security – Risks & Safeguard' in partnership with Howden India. The event focused on the emerging cybersecurity risks in the automotive industry and the importance of cyber insurance. It featured various expert speakers discussing trends, risks, and potential solutions to safeguard the sector.

This press release from the Automotive Component Manufacturers Association of India (ACMA) announces the successful hosting of its 2nd Farm Equipment & Implements Localization Expo in Ludhiana. The event focused on developing a localized supply chain for the tractor & implements industry and featured participation from 48 exhibitors and key industry stakeholders. ACMA highlighted its efforts and the importance of government initiatives to promote localization and strengthen the components sector in India.

The document is a press release from the Automotive Component Manufacturers Association of India (ACMA) about its 9th MSME Summit held in New Delhi on March 21, 2023. It highlights the challenges and opportunities for SMEs in India's automotive component industry, emphasizing initiatives like Make in India, Start-up India, and Atmanirbhar Bharat. The summit featured discussions on transformation, financial confidence, and customer expectations for SMEs, with contributions from key industry figures.

This press release, issued by the Automotive Component Manufacturers Association of India (ACMA), announces the celebration of the 8th ACMA Atmanirbhar Excellence Awards & Technology Summit held in New Delhi. The event highlighted the themes of carbon neutrality and sustainability in the automotive components industry, with key speeches by industry leaders and government officials including Shri Piyush Goyal. 68 manufacturers received awards in various categories around innovation and sustainable practices.

This is a press statement issued by the Automotive Component Manufacturers Association of India (ACMA) on February 1, 2023. It welcomes the inclusive growth and sustainable development measures announced in the Union Budget 2023-24. Key points include the emphasis on infrastructure, skilling, technology development, and support for MSMEs, as well as a focus on enhancing exports and encouraging green mobility.

The document is a press release about the 16th Edition of Auto Expo 2023 - Components Show, organized by ACMA, CII, and SIAM, scheduled from January 12-15, 2023 in New Delhi. It highlights the participation of over 800 companies from 15 countries and outlines various events and themes focusing on future automotive technologies like electric mobility, ADAS, and sustainable manufacturing. This press release also mentions networking opportunities and displays of new products and technologies during the event.

This is a press release issued by the Automotive Component Manufacturers Association of India (ACMA) detailing the growth of the Indian auto component industry in the first half of fiscal 2022-23. It reports a 34.8% growth in industry turnover to Rs. 2.65 lakh crore, with exports and imports also seeing significant increases. The release also discusses the industry's optimism about the future and the ongoing transformation towards EV component manufacturing.

The Automotive Component Manufacturers Association of India (ACMA) organized the 7th edition of 'i-AutoConnect 2022' from October 3rd to 4th, 2022, at the India Expo Centre & Mart in Greater Noida. This event aimed to promote the export of Indian-made aftermarket components by bringing together domestic manufacturers and international buyers from over 50 countries. The event reported a strong turnout from key industry players and start-ups, emphasizing the growing global trust in India's automotive manufacturing capabilities.

This press release by the Automotive Component Manufacturers Association of India (ACMA) announces the industry's highest-ever turnover of Rs. 4.2 lakh crore (USD 56.5 billion) for the fiscal year 2021-22, marking a 23% increase from the previous year. It highlights significant growth across various segments, including sales to OEMs, exports, and the aftermarket. The document also discusses future industry prospects and challenges such as high inflation and logistical costs.

This is a press release announcing ACMA's first Automotive Aftermarket Roadshow in Namakkal. The event featured participation of 25 auto component manufacturers and aimed to foster collaboration between buyers and exhibitors, while raising awareness about new auto components and technologies. The release highlights the strategic importance of Namakkal and the benefits of genuine spare parts for local mechanics and technicians.

This document is a press release from the Automotive Component Manufacturers Association of India (ACMA) announcing their collaboration with Hero MotoCorp for the first-ever EV Technology Expo. The event, held on June 8-9, 2022, in Jaipur, aims to showcase innovations in electric vehicle components by more than 35 manufacturers. The release emphasizes the commitment of ACMA and Hero MotoCorp to promote e-mobility and sustainable technology in line with India's 'Make in India' initiative and net-zero carbon emissions target by 2070.

This press release from the Automotive Component Manufacturers Association (ACMA) announces the successful hosting of the 1st ACMA Farm Equipment & Implements Localization Expo on April 6-7, 2022, in Ludhiana. The event aimed to showcase advancements in auto component technologies for farm equipment by Indian manufacturers, emphasizing localization and import reduction. Key industry stakeholders and OEMs attended, highlighting India's leading position in tractor production and the potential growth in the farm implements sector.

This document is a press release from the Automotive Component Manufacturers Association of India (ACMA) about the successful organization of three concurrent events focusing on the vehicle industry, emphasizing electric vehicles and auto components. The events, held on March 23-24, 2022, featured participation from over 130 ACMA members, international delegates, and various dignitaries. It highlights key discussions and initiatives regarding the EV industry's growth and the challenges it faces.

The ACMA Technology Summit and Atmanirbhar Excellence Awards highlighted sustainable growth and innovation in the Indian auto component industry, recognizing 99 manufacturers for excellence. Key industry and government figures, including Union Ministers and executives from major companies, participated in the event aimed at promoting advanced technologies and reducing dependency on imports. The automotive industry is urged to embrace technology shifts to enhance its global competitiveness.

This press release announces that Dr. Pawan K. Goenka has been honored with the Lifetime Achievement Award at the ACMA Atmanirbhar Excellence Awards & Technology Summit. The award recognizes his significant contributions to the automotive industry and acknowledges his role in advancing local value-addition and exports in India. The ceremony took place in New Delhi on March 16, 2022, with Shri. Piyush Goyal conferring the award in the presence of prominent industry leaders.

This press statement, issued by the Automotive Component Manufacturers Association of India (ACMA), announces the approval of 75 auto component manufacturers for incentives under the PLI scheme for the automobile and auto components industry. The scheme, with an outlay of Rs. 26,000 crores, aims to boost 'Make in India' by creating economies of scale and fostering a robust supply chain in Advanced Automotive Technologies. The announcement highlights the scheme's potential to enhance the industry's competitiveness and stimulate new investments in India's automotive sector.

This press release by the Automotive Component Manufacturers Association of India (ACMA) responds positively to the Union Budget 2022-23, particularly its emphasis on sustainable development, inclusion, and infrastructure. ACMA President Sunjay J Kapur highlights measures such as energy policy innovations, support for MSMEs, and duty reductions in raw materials that benefit the auto component industry. ACMA sees these developments as key steps toward positioning India as a leader in green mobility solutions.

This press release announces the collaboration between MG Motor India and the Automotive Component Manufacturers Association of India (ACMA) to enhance skill development in the electric vehicle (EV) component industry. The alliance aims to use the ZS EV model to educate and foster skills in the sector, working alongside IIT Sonipat. This partnership aligns with MG Motor's commitment to building a robust EV ecosystem and preparing a future-ready workforce in urban India.

This is a press release by the Automotive Component Manufacturers Association of India (ACMA) outlining their expectations from the Union Budget 2022. ACMA recommends a uniform GST rate of 18% on all auto components and pushes for an upward revision of RoDTEP rates and measures to encourage capital investment in the industry. The release emphasizes the need for investment in new technologies and R&D to enhance the competitiveness of the Indian auto component sector.

This document is a press release from the Automotive Component Manufacturers Association of India (ACMA) announcing the industry's growth in the first half of the 2021-22 fiscal year. It highlights a 65% increase in turnover to Rs.1.96 lakh crore and significant growth in exports and imports of auto components. The release also discusses future prospects and highlights the industry's preparedness for the electric vehicle supply chain.

The document is a press release announcing the 4th ACMA Aftermarket Expo in Guwahati, organized by the Automotive Component Manufacturers Association of India with support from the Guwahati Motor Parts Traders Association. This two-day event showcases genuine auto components from 50 leading manufacturers and includes workshops for garage mechanics. The expo aims to facilitate business development and collaboration across North-East India, with significant involvement from local dealers and distributors.

This press release announces the commencement of Automechanika Dubai 2021, emphasizing the physical participation post-pandemic. It highlights ACMA India's involvement with 20 exhibitors and ACMA-EEPC showcasing 40 exhibitors at the trade show. The announcement details the importance of reconnecting the automotive aftermarket industry and adhering to Covid protocols during the event.

This is a press release from the Automotive Component Manufacturers Association of India (ACMA), announcing the appointment of Mr. Sunjay J Kapur as President and Ms. Shradha Suri Marwah as Vice President for the 2021-22 session. The release highlights Mr. Kapur's industry expertise and aims to drive the auto component industry towards increased localization and technology development. The announcement is seen as vital for navigating the industry's transition to new mobility solutions.

This press release from the Automotive Component Manufacturers Association of India (ACMA) covers the 61st Annual Session discussing the resilience and growth of the Indian automotive component industry amidst the pandemic. The event highlighted key figures like Dr. Mahendra Nath Pandey and Amitabh Kant and included a study by ACMA and PwC on managing volatility in the sector. The focus was on digital transformation, addressing climate challenges, and embracing electric mobility.

This press release, issued by the Automotive Component Manufacturers Association of India (ACMA), covers the industry's performance review for the fiscal year 2020-21. It reports a 3% decline in the auto component industry's turnover and discusses the impacts of COVID-19 on the industry, including declines in sales, imports, and exports. Despite disruptions, the industry has shown resilience and ACMA expresses cautious optimism about future growth, while noting ongoing challenges such as semiconductor shortages and increased raw material prices.

This press release announces the signing of a Memorandum of Understanding between Toyota Kirloskar Motor and the Automotive Component Manufacturers Association of India. The agreement aims to provide training programs through Toyota Learning and Development India to enhance the skills of auto component manufacturers. The initiative focuses on lean manufacturing, environmental management, and various trades to prepare a future-ready automotive supply chain.