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New Delhi, Mar 7: India’s auto components industry is expected to grow around 10-15 per cent in FY24, driven by both domestic and export market demand despite fears of recession in major markets of US and Europe, Automotive Component Manufacturers Association of India said on Monday. The auto components industry which clocked a turnover of […]
Over 800 companies will participate in the upcoming ‘Auto Expo 2023 – Components’ show as India continues to attract global interest for sourcing automobile parts, the Automotive Component Manufacturers Association of India said on Thursday. The show which is returning after a gap of three years due to the pandemic will be held at Pragati […]
The auto component industry expects to maintain double-digit sales growth in the current fiscal after having reported its highest-ever turnover in FY22, with demand expected to remain robust. As per the Automotive Component Manufacturers Association (ACMA), the sector reported a turnover of Rs 4.2 lakh crore last fiscal, a growth of 23 per cent over […]