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G20 New Delhi declaration demonstrates India's ability
New Delhi: The New Delhi G20 declaration adopted by leaders has demonstrated India's great ability to be a champion of multilateralism and bring...
Approval to 75 auto parts makers under PLI scheme to act as catalyst:...
The scheme commencing from FY23 has an outlay of Rs 25,938 cr
ACMA seeks lower GST on auto components
Asks for a uniform GST rate of 18% on all auto parts to curb the impact of counterfeits in the aftermarket operations
Auto parts industry cautiously optimistic for growth in FY22
The turnover of the automotive component industry stood at Rs 1.96 lakh crore ($26.6 bn) in April-Sept 2021, registering a growth of 65% over the...
Auto component industry optimistic on growth in FY22
The industry lost investment opportunities of around $1 bn
Auto industry bodies urge for incentives
The PLI scheme should not cannibalise the existing exporters by incentivising new players, says industry bodies SIAM and ACMA. The aspiration of the...
Pvt job quota in Haryana miffs auto sector
The automotive industry in Haryana, a key automotive belt, accounts for 27% of State’s GDP and overall employment generation of 10 lakh jobs
Time to stop import of auto parts: Gadkari
You may be aware that the auto component industry is considered as one of the shining sectors and among the champions to achieve the goal of...
