component industry

Indian automobile industry turnover $145 bn by 2016: Patel


September 5th, 2012 - 6:00 pm ICT by IANS
New Delhi, Sep 5 (IANS) Heavy Industries Minister Praful Patel Wednesday said the Indian automobile and auto component industry turnover will reach $145 billion by 2016 to account for more ... Read more...

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Auto component industry to grow by 12-15 percent in 2011-12


August 30th, 2011 - 6:23 pm ICT by IANS
New Delhi, Aug 30 (IANS) The Automotive Component Manufactures Association of India (ACMA) Tuesday said that due to a slowdown in the domestic consumption, it expected growth to moderate between ... Read more...

Posted in Business |

Auto component sector demands labour reforms


August 30th, 2011 - 6:09 pm ICT by IANS
New Delhi, Aug 30 (IANS) Delay in labour reforms hampers employment generation in the automobile component sector, the nodal agency for the Indian auto component industry said Tuesday."We believe that ... Read more...

Posted in Business |

Maruti strike spreads to other automobile plants (Second lead)


June 15th, 2011 - 11:12 pm ICT by IANS
New Delhi, June 15 (IANS) The 12-day-long strike at Maruti Suzuki's plant in Haryana's Manesar town Wednesday spread to other automobile manufacturing plants with their unions deciding to go on ... Read more...

Posted in Business |

Ruia Group acquires Germany-based Acument GmbH


February 21st, 2011 - 7:58 pm ICT by IANS
Kolkata, Feb 21 (IANS) Extending its global footprint in the auto ancillary segment, the Rs.5,000-crore Ruia Group Monday announced the acquisition of Germany-based Acument GmbH & Co KG, one of the leading ... Read more...

Posted in Business |

South India now prime hub for auto components, say experts


February 8th, 2011 - 6:08 pm ICT by IANS
Chennai, Feb 8 (IANS) South India has emerged as one of the best places for auto component sourcing centres, panelists at a seminar said here Tuesday.According to them, this is significant as ... Read more...

Posted in Business |

Ashok Minda Group acquires Germany’s Aksys Koengen


October 5th, 2010 - 5:10 pm ICT by IANS
New Delhi, Oct 5 (IANS) Automobile components manufacturer Minda Group Tuesday acquired Aksys Koengen of Germany through an asset deal as part of a plan to consolidate its position in the ... Read more...

Posted in Business |

Auto-component industry to grow to $110 bn by 2020: ACMA


August 27th, 2010 - 6:38 pm ICT by IANS
New Delhi, Aug 27 (IANS) The Automotive Component Manufacturers Association of India (ACMA) Thursday said the industry could grow to $110 billion by 2020 and create one million new jobs with an ... Read more...

Posted in Business |

Auto component industry turnover at $22 billion in 2009-10


August 18th, 2010 - 7:47 pm ICT by IANS
New Delhi, Aug 18 (IANS) The auto component industry logged a 20 percent growth at $22 billion in the 2009-10 fiscal, the Automotive Component Manufacturer Association of India (ACMA) said Wednesday. ... Read more...

Posted in Business |

Higher auto components’ import foreseen


March 7th, 2010 - 4:00 pm ICT by IANS
New Delhi, March 7 (IANS) India's automobile industry could increase import of components by as much as 42 percent by 2013-14, based on current consumption levels. Imports could grow faster, once free ... Read more...

Posted in Business |

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