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Total 90 results found. Search for [ ACMA ]

Results 1 to 21 of 90
PTI
February 27, 2021
Speaking at an event organised by the Automotive Components Manufacturers Association of India (ACMA), the Minister of Road Transport and Highways said the present levels of localisation of parts in the Indian auto sector is around 70%


Vivek Punj
February 1, 2021
Budget 2021: The automobile and automotive component sectors have been braving low demand for the better part of three years due to a host of reasons  -  the absence of consumer confidence due to slowdown blues and liquidity crunch resulting from malaise in the NBFC sector to name a few


Sumant Banerji & Nidhi Singal
New Delhi, January 6, 2021
Lack of semiconductor manufacturing is turning out to be the biggest hurdle in India's tryst with self-reliance in electronics. It requires 'out of the box' thinking by government and industry


PTI
December 20, 2020
It is estimated that during the prolonged lockdown, the auto industry suffered losses of more than Rs 2,300 crore in turnover for every single day of closure


Sumant Banerji
December 16, 2020
The auto industry recorded a turnover of $15.9 billion during the during the first half of 2020-21 against $26.2 billion in 2019-20, which itself was lower than $29 billion in the same period of 2018-19


Sumant Banerji
December 14, 2020
India's largest automotive component manufacturer Bosch said a surge in demand for semiconductors from the consumer electronics industry partly due to the rise in 5G connectivity has led to a demand supply gap in the global market


Sumant Banerji
October 19, 2020
Local manufacturers to crank up alloy wheel capacity to tap a thriving market; of the annual requirement of 26 million alloy wheels in India, almost 46 per cent was imported mostly from China in FY20 due to lack of domestic supply


Sumant Banerji
September 25, 2020
Most of the workers in auto industry are young migrants - the same heterogenous bunch that grabbed headlines  this year when the lockdown forced them to hit the roads to return to their towns and villages


PTI
September 6, 2020
Elaborating on tasks at hand, he said FADA would also work for making auto retail business viable again by taking steps to enhance profitability of the dealer community which has been hit hard by a prolonged slowdown


PTI
September 5, 2020
Guenter Butschek says COVID-19 hit industry at a time when it was managing transition from BS-IV fuel emission norms to BS-VI in a new fiscal while battling extremely low activity and subdued demand in 2019-20


PTI
September 5, 2020
Speaking at the annual session of the Auto Components Manufacturers Association of India (ACMA), Ayukawa said that he would make efforts to organise some business exploration meetings with manufacturers of Japan to push make in India


Sumant Banerji
September 5, 2020
Scrappage policy has been a long-standing demand from the industry especially for the down and out commercial vehicle segment


Sumant Banerji
August 19, 2020
Vehicle manufacturers have said sales could decline by a wide range of 26-45 per cent this fiscal on the back of an 18 per cent contraction in fiscal 2020


Nirbhay Kumar
July 8, 2020
There's a growing demand to shun imports from China in wake of bloody skirmishes on the border


Sumant Banerji
New Delhi, June 29, 2020
\"Inordinate delays in clearance due to congestion at port could eventually impact manufacturing of vehicles in India. The industry is piecing itself together as growth is limping back; any further disruption at this juncture is best avoided,\" said Rajan Wadhera of SIAM


Reuters
June 29, 2020
The Department of Heavy Industries (DHI) has sought feedback from auto industry groups on the initial proposal, which suggests giving incentives over five years to increase local production and procurement for export


Reuters
June 26, 2020
In April, India also tightened rules for investments from neighbouring countries, including China, to prevent opportunistic takeovers after the pandemic


Sumant Banerji
New Delhi, May 12, 2020
There is an opportunity for India to emerge stronger in manufacturing from this coronavirus crisis and the success in mobile phone manufacturing is a good example to follow, says a senior official from DPIIT


Sumant Banerji
May 1, 2020
Auto industry wants the entire value chain, which includes factories of all component makers, vehicle and two-wheeler manufacturers, as well as dealerships, across the country to be allowed to open in one go


Sumant Banerji
March 27, 2020
Major relief measures sought by the industry also include relaxation in fixed electricity charges and relaxation in levy demurrage charges for at least 7 days for import cargo clearance


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