It's an annual ritual to reset expectations at the ACMA Annual Summit and the 63rd edition was no different. With stakeholders of the automotive components industry and Original Equipment Manufacturers (OEMs) in attendance, as one. The event witnessed the participation of over 1,500 delegates from OEMs, components manufacturers, government officials, and other stakeholders. The government's representation hailed the supplier industry's efforts and at the same time set forward-looking targets for the fast-growing economy and the world's prospective manufacturing hub. Held with ISRO's remarkable feats as the backdrop, in attaining the soft landing on the lunar south pole as the first nation with Chandrayaan 3. The conclusion of the G20 Summit with India as the host nation, traced to the venue and Delhi vicinity lit up in all its glory, naturally the spirits were at an all time high. There was palpable optimism in the air and the prospects for further growth and expansion for all the stakeholders. involved were deliberated with actionable insights shared through a joint research report by ACMA and McKinsey & Co. Themed on 'Mobility 360° - Sustainability for competitiveness'. It made for the apt backdrop for all deliberations that followed suit.
This story is from the October 2023 edition of Auto Components India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 2023 edition of Auto Components India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
JOHN DEERE'S AUTONOMOUS LEAP
John Deere's CES launches underscore its commitment to real-world customer solutions. It is addressing the critical labour shortage and operational efficiency challenge, writes Upendra Kasbekar.
SUPPLIERS ALIGN WITH OEMS
The Bharat Mobility Global Expo 2025, surpassed expectations with its expansive and innovative components display. It is a testimony to tier suppliers and ancillaries steering towards the future value chain, writes Ashish Bhatia.
INTEGRATED DRIVELINE SOLUTIONS
As the automotive industry moves towards electrification and intelligent mobility, integrated driveline solutions are a fundamental requirement, writes Upendra Kasbekar.
MAHLE GROUP RESTRUCTURING
MAHLE is undergoing a transformative restructuring as part of its “MAHLE 2030+” strategy, aimed at accelerating its transition towards electrification and thermal management.
ADDON BRAKING SYSTEM FOR SMART CONTROL
Braking technology has evolved beyond just stopping power; it now ensures intelligent control, efficiency, and accident prevention, writes Upendra Kasbekar
COCKPIT ELECTRONICS AND SMART ACCESS
A smaller Indian cockpit electronics market has significant growth potential and requires modernisation. Indian suppliers are ready, writes Ashish Bhatia.
INDIA IS FIGHTING FIT
In 2024, India's defence sector witnessed substantial developments in vehicle modernisation, infrastructure enhancement, and strategic partnerships, writes Ashish Bhatia.
IMTEX 25 SPOTLIGHTS TECHNOLOGICAL CHANGES
The Bangalore International Exhibition Centre (BIEC) was once again the epicentre of technological advancements and industrial collaboration as the Indian Machine Tool Manufacturers’ Association (IMTMA) successfully concluded the IMTEX, Tooltech & Digital Manufacturing 2025.
UNION BUDGET 2025 TRADE OFF AND GROWTH IMPETUS
The Union Budget 2025, presented amidst a charged parliamentary session, maintained the course for India’s economic future and ended with a surprise forego to boost growth, writes Ashish Bhatia
BRAKE WEAR TESTING: CORRELATION BETWEEN VEHICLE AND DYNAMOMETER TESTING (PART 2 OUT OF 3)
This research focuses on reducing the mileage of open-road brake tests by simulating brake patterns on dynamometers, writes Fabio Squadrani, Senior Manager, Braking Systems in Applus IDIADA.
