The 62nd ACMA Annual Summit had the marquee event return to its physical form this year. In a departure from the practice of being held a day after the SIAM Annual Session, this year the suppliers kick start the two-day summit that had stakeholders of the automotive industry in full attendance. Coming on the close heels of the components industry, regaining its pre-pandemic levels and clocking the highest-ever turnover of Rs. 4.2 lakh crore (USD 56.5 billion), the industry sentiment was buoyant despite near-term concerns. The industry is hopeful of building on the newfound momentum where it surpassed the previous peak turnover (inclusive of the aftermarket) of Rs.3.95 lakh crore in FY18-19, a 23 per cent growth in FY 2021-22. Exports have registered a 43 per cent growth to Rs.1.41 lakh crore (USD 19.0 billion). With the imports growing by 33 per cent to Rs.1.36 lakh crore (USD 18.3 billion), the industry was able to register a trade surplus of USD 700 million. Using this performance as the backdrop, at Hotel Taj Palace, in New Delhi, in a pre-summit, select media gathering, ACMA committee members led by the President were joined by team McKinsey to share new findings that the industry would work around to reach the desired status to align with the future of mobility.
هذه القصة مأخوذة من طبعة November 2022 من Auto Components India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 2022 من Auto Components India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
RENESAS UNVEILS MULTI-DOMAIN SOC.
Renesas Unveils 5th-Generation Multi-Domain SoC for ADAS, Infotainment and Gateway Systems
BORGWARNER SECURES NEW HVCH PROGRAMS
BorgWarner has secured three significant business wins for its High Voltage Coolant Heater (HVCH) technology, expanding its reach in the Chinese, Korean and Japanese electric vehicle markets.
RESHAPING REALITY
Abhiyantriki, the 26th annual technical fest of K J Somaiya School of Engineering at Somaiya Vidyavihar University, took place at its Mumbai campus under the theme ‘Reshaping Reality’, focusing on futuristic innovations and real-world problemsolving.
CONTINENTAL TIRES INDIA CELEBRATES CONTINUED PREFERRED PARTNER STATUS
Continental Tires India reaffirms its dedication to customer-centric solutions and operational excellence through its sustained partnership with Mercedes-Benz AG.
ACMA IAUTOCONNECT 2024
The Automotive Component Manufacturers Association of India (ACMA), hosted the ninth edition of its premier buyer-seller event, iAutoConnect, at Yashobhoomi in New Delhi.
4TH ACMA AUTOMOTIVE RAW MATERIALS CONCLAVE
The 4th Automotive Raw Materials Conclave focused on automotive innovations and sustainability in nonferrous materials, writes Richa Tyagi.
MOBILITY PLAYSETS
Even as the Indian automobile industry touches new heights and innovations, it is the commercial mobility play sets that continue to be a major draw. It is a good starting point for the next generation, writes Prajakta Chavan Rane from her plant sojourn.
SUSTAINABILITY AS STRATEGY
In an Industry Talk session, Satyakam Arya Managing Director and CEO, Daimler India Commercial Vehicles spoke to Ashish Bhatia on integrating sustainability into the overall business strategy.
EMBRACING SHOPFLOOR AUTOMATION
In manufacturing, where precision, efficiency, and cost-effectiveness are paramount, Mahindra Mahindra has embraced shopfloor automation as a cornerstone of its strategy
FREUDENBERG EXPANDS MANUFACTURING FOOTPRINT
Freudenberg opens two state-of-the-art manufacturing plants in Morinda, marking its largest investment in expanding the manufacturing footprint in India, writes Richa Tyagi.
