India’s electric vehicle penetration, currently at around 8.5%, is set to rise to 30% by 2030 — and component manufacturers who move early stand to benefit the most. That was the central message at ASSOCHAM Northern Region’s EV Ancillaries and Auto Components Conclave 2026, held in Gurugram, where government officials and industry leaders called on […]
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Growing localisation, technology investments and global confidence position the industry for its next phase of growth The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component industry, has released the findings of its Industry Performance Review FY2025–26. The industry recorded a turnover of INR 7.60 lakh crore (USD 85.9 billion), registering […]
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The Automotive Component Manufacturers Association of India (ACMA) organised the 58th edition of the ACMA Excellence Awards & 9th Technology Summit on March 05, 2024. This prestigious event celebrated the exceptional contributions and achievements of 59 distinguished auto component manufacturers, who were honored with a total of 112 awards across various categories. The ACMA Excellence Awards, a hallmark event in the automotive industry, recognized outstanding performance in manufacturing, sustainability, digitization, […]
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With over 120 companies, the India pavilion was the third largest at the event The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, together with Engineering Exports Promotion Council of India (EEPC India) organised participation of its members at the 20th edition of Automechanika Dubai 2023 held from October 02 until […]
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The Indian automotive components sector will clock 10-12% growth in revenue in fiscal 2024, riding on continuing domestic growth buoyed by robust demand from original equipment manufacturers (OEMs)1 on the back of high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish. Continuing demand momentum, driven by OEMs, […]
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Shift presents both opportunities and challenges for auto component players Revenue of the electric vehicle (EV) components’ market in India is likely to rev up at a compound annual growth rate of ~76% to Rs 72,500 crore in fiscal 2027 from Rs 4,300 crore last fiscal. That will take the share of EVs in the […]
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While the EV Summit and Exhibition showcased the industry capabilities in new-age industry, ATPSE and i-Auto Connect displayed the industry’s technical and export strengths The Automotive Component Manufacturers Association of India (ACMA) successfully concluded three concurrent events – the ACMA EV Summit and Exhibition, the Auto Technology Partnership Summit and Expo (ATPSE) and i-Auto Connect, […]
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