The Indian Construction Equipment (CE) industry saw a 3% year-on-year increase in sales during the first…
Category: Industry News
SIAM’s 64th Annual Convention – Sustainable Mobility Journey towards Viksit Bharat
At the 64th Annual Convention of Society of Indian Automobile Manufacturers (SIAM), the industry focused on “Sustainable…
SIAM Automotive HR Conclave 2024: Preparing Future-Ready Talents in Auto Sector
The Society of Indian Automobile Manufacturers (SIAM) organised the SIAM Automotive HR Conclave, themed “Shifting Gears:…
PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme with an outlay of Rs.10,900 crore
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the proposal of…
Impact of Union Budget 2024 on the Auto and EV Industry
– By Saket Mehra (Partner and Auto & EV Industry Leader, Grant Thornton Bharat ) Skill…
Aatmanirbharta and Exports are key focus areas for the Auto sector
The concluding session of SIAM’s 64th Annual Convention focused on “Aatmanirbhar in automobile supply chain &…
Technological Innovations as Catalysts for Growth in Sustainable Mobility – SIAM
The Session on “Technological Innovations – A Catalyst for Fueling Growth in Sustainable Mobility” at SIAM’s…
Indian auto components industry outlook : McKinsey report for ACMA
Strong export-led growth combined with demand for premium vehicles and alternative propulsion tech, could drive the…
Shailesh Chandra takes over as SIAM President
The Executive Committee of Society of Indian Automobile Manufacturers (SIAM), the apex body representing the country’s…
Driving Change: Gadkari’s Roadmap for Sustainable Economic Development
In a recent discussion at the ACMA conference, Mr. Nitin Gadkari, the Hon’ble Minister of Road…
75 Years of BGTA Honoring a History of Transport Excellence
The Bombay Goods Transport Association (BGTA) recently celebrated its 75th anniversary at the CIDCO Exhibition and…
Post Budget 2024 Reaction
GCM applauds Union Budget under Modi 3.0 for Promoting Sustainable Development and Vision of “Viksit Bharat”…
Indian CE industry clocks record breaking 26% sales growth for second consecutive year
With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian…
Revenue growth of CV makers to moderate to 5-7% next fiscal: CRISIL
Operating margins seen steady with better realisation, stable commodity prices Commercial vehicle (CV) makers will see…
“India is now on the threshold of becoming a global economic powerhouse, with the auto and automotive component industry playing a significant role” – Prime Minister
The Prime Minister, Shri Narendra Modi addressed a program at India’s largest and first-of-its-kind mobility exhibition…
Celebrating Excellence: 17th Global Quality Convention by NIQR
In a grand inauguration on 15th September, the 17th Global Quality Convention organized by the National…
ACMA’s 63rd Annual Session brings thrust on Sustainability for Competitiveness
The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry successfully…
Indian automotive industry could reach $1 trillion by 2035 driven by exports, technology, and innovation: Arthur D. Little Report
Arthur D. Little, the world’s oldest management consulting firm, has released a new report titled “Transforming…
FADA celebrates Auto Dealers Day, pledges commitment to sustainability
The Federation of Automobile Dealers Associations (FADA) today commemorated the inaugural Auto Dealers Day, a significant…
Shradha Suri Marwah takes over as new ACMA President
Vikrampati Singhania is new Vice President for the 2023-25 term The Automotive Component Manufacturers’ Association of…
Manav Kapur takes charge as Chairperson of ACMA-YBLF
Widely recognized and celebrated as the leading platform to facilitate the convergence of hundreds of 2nd…