Rajesh Menon is the new Director-General of SIAM

Rajesh Menon has been appointed as the Director-General of Society of Indian Automobile Manufacturers (SIAM). He succeeds Vishnu Mathur who is superannuating after a successful stint with SIAM. Rajesh Menon is presently the Director-General Designate at SIAM.  He is a Post Graduate in Physics from the University of Delhi. He was earlier the Deputy Director General at the […]

Indian Auto industry crisis could lead to one million job cuts, says ACMA

The current 15 to 20 per cent cut in vehicle production in India has led to a crisis like situation in the auto component sector. If the trend continues, an estimated ten-lakh people could be laid-off, says Automotive Component Manufacturers Association of India (ACMA). The association has recently announced the findings of its Industry Performance Review for […]

Budget proposals will make EVs affordable: ACMA

The Automotive Component Manufacturers Association of India (ACMA) has welcomed the measures announced in the Union Budget for providing a much-needed thrust to the structural reforms to make India a $5 Trillion economy by 2025. Ram Venkataramani, President ACMA, said that ACMA is glad that the Government envisions making India a global hub for manufacturing of EVs. Reduction […]

ACMA urges calibrated move for e-mobility

Automotive Component Manufacturers Association of India (ACMA) emphasized the need for the calibrated roll-out of e-mobility in the country, especially for the two and three wheelers segments. The industry body is highly appreciative of the thrust given to localization in the PMP (Phased Manufacturing Program) announced simultaneously with the FAME-2 (Faster Adoption and Manufacturing of Hybrid & […]

ACMA Technology Summit urges suppliers to transform

The Automotive Component Manufacturers Association of India (ACMA) has successfully hosted the fourth edition of ACMA Technology Summit with the theme ‘Indian Auto Component Industry – Transforming to stay competitive’ in Pune, India, on January 29-30, 2019. With several technology disruptions including newer norms on emission, safety, and consumer trends towards connectivity, on the anvil, […]

ACMA Automechanika New Delhi to create new records

India’s leading trade fair for the automotive aftermarket ACMA Automechanika is all set to create a new record this time. Leading 580 auto component manufacturers from 13 countries have confirmed. Manufacturers include Mansons International Pvt Ltd, Minda Distribution and Services Ltd, Ample Auto Tech Pvt Ltd, Elofic Industries Ltd, Him Teknoforge Ltd, Bosch Ltd, Silver Muller Rubber […]

ACMA’s iAutoConnect 2018 explored new opportunities

Automotive Component Manufacturers Association of India (ACMA), with the support of Ministry of Commerce & Industry, Government of India, has organised the third edition of iAutoconnect 2018 – International Reverse Buyers Sellers Meet from October 24 – 27,2018, in Pune. This year’s meet witnessed participation from over 100 Indian auto component manufacturers and 160 international […]

ACMA urges to explore the inorganic growth path!

Automotive Component Manufacturers Association of India (ACMA) has organised a national conference on ‘Inorganic Growth: Exploring M&As, JVs, & TAs to stay competitive’ on July 17, 2018. Ramesh Abhishek, Secretary – Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Government of India has inaugurated the conference. Nirmal Minda, President, ACMA & Chairman […]