With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian…
Category: Industry News
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…
FADA hosts 5th Auto Retail Conclave focusing on ‘Collaborate-Innovate-Accelerate’
The Federation of Automobile Dealers Associations (FADA) hosted the fifth edition of the Auto Retail Conclave, focusing on…
Sustainable Mobility takes center stage at SIAM’s 63rd Annual Convention
Society of Indian Automobile Manufacturers (SIAM), the apex body representing leading automobile manufacturers of the country,…
MMA announces Office Bearers for 2023-24, Mahalingam K assumes Presidency
Madras Management Association (MMA) has elected its new office bearers for the year 2023-24. The decision…
CVF 2023: Shaping the future of the Indian CV and road transport industry
The seventh edition of the Commercial Vehicle Forum (CVF) took place on May 25, 2023, at…
R. Dinesh elected new CII President
The National Council of Confederation of Indian Industry (CII) has elected new office-bearers for the year…
“FY24 will be a year of consolidation for auto retail, overall single-digit growth expected” – FADA President
In March 2023, total vehicle retail experienced a 14% year-on-year increase while FY 2023 was the…
FADA Auto Summit 2023 themed ‘Fit and Future Ready’ lays roadmap for auto retail sector
At the event, Dr. Pawan Goenka, Chairperson of INSPACe – Department of Space, Government of India,…
Vehicle sales up by 14% YoY in Jan’23, all segments register growth
The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for January 2023, indicating…
SIAM hosts Styling & Design Conclave and Automotive Design Challenge
Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body organized the 17th SIAM Styling and Design Conclave…
UNICA and SIAM to launch Center of Excellence in bioenergy
In line with the bilateral cooperation between Brazil and India for the promotion of ethanol and…
Logistics costs to reduce to 9% of GDP by 2024: Nitin Gadkari
Addressing the annual convention and 95th AGM of FICCI, Union Minister Nitin Gadkari promised that logistics cost, which…