The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the Indian auto component industry, has announced the appointment of Mr. Sriram Viji, Managing Director, Brakes India Pvt. Ltd., as President for the 2026–27 term, and Mrs. Anjali Singh, Executive Chairperson, ANAND Group & Gabriel India, as President-Designate. Welcoming the new leadership, Mr. Vinnie […]
Backed by 16.3% growth in OEM supplies and accelerated battery localization, India’s auto component sector doubles down on its trajectory toward $200 billion by 2030 The Automotive Component Manufacturers Association of India Mobility Foundation hosted its 66th Annual General Meeting on 2nd September in New Delhi. Under the theme “Beyond Resilience,” the event convened top […]
By. Ravichandran Srinivasan As manufacturing activity grows across both established and emerging industrial clusters, the demand for integrated, end-to-end supply chain solutions will only intensify, says, Mr. Raghav Singhal, Executive Director, Om Logistics Supply Chain. If there is one change that stands out over the last few years, it is that logistics is no longer […]
Sitting lower on the automotive value chain, component makers are enabling innovation and growth By Poonam Upadhyay, Director, Crisil Ratings Limited A quiet revolution is underway in India’s thriving automotive sector as vehicles become increasingly sophisticated and supply chains more globalised. At its heart are the country’s auto component makers, who have emerged as a […]
Maruti Suzuki India Limited has announced a landmark cumulative sales milestone of 15 lakh units for the Eeco, reinforcing its leadership in India’s van segment. Launched in January 2010, the Eeco has grown into one of India’s most trusted mobility solutions for families, entrepreneurs, businesses, and institutions. The pace of growth has accelerated significantly over […]
UltraTech Cement Limited, the world’s largest cement company by sales volume and capacity outside China, has announced plans to scale up its electric vehicle fleet in logistics operations to over 600 EV trucks by December 2026. The company has signed service contracts with leading EV manufacturers including Tata Motors, Ashok Leyland, IPLTech, Energy in Motion, […]
The disruptions of tomorrow, the report warns, will not look like those of the past. Building the muscle to face them — before they arrive — is what will separate the industry’s winners from the rest. India’s auto component industry has grown at a remarkable 17% CAGR over the past decade, reaching $86 billion (₹7.6 […]
Ritco Logistics Ltd. has been awarded a contract valued at approximately ₹334 crore by HPCL Rajasthan Refinery Limited (HRRL), a joint venture of Hindustan Petroleum Corporation Limited. Under the three-year contract, Ritco will manage the movement of polymer granules from HRRL’s refinery at Pachpadra, Rajasthan, to destinations across the country. The contract significantly expands Ritco’s […]
VST Tillers Tractors Limited (VTTL) has signed a Memorandum of Understanding (MoU) with Union Bank of India to facilitate retail finance for customers purchasing VST’s range of agricultural and farm equipment, including tractors, power tillers, power reapers, and power weeders. The financing facility will be available through VST’s network of over 1,000 dealers across India, […]
Escorts Kubota has marked three decades of its Farmtrac brand in India with the launch of two new offerings — the Farmtrac 6055 Classic ‘Dark Edition’ and an expanded PROMAXX 2.0 range — reinforcing its position across key horsepower categories in the domestic tractor market. The Farmtrac 6055 Classic ‘Dark Edition’ is the brand’s first […]
The Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in India, has announced the appointment of Mr. Sai Giridhar as FADA’s 38th President and for the years 2026-28. The decision was made at the 323rd Governing Council Meeting, which was held immediately after the 62nd Annual General Meeting. Mr. Giridhar is the Managing Director of […]
Larsen & Toubro’s Construction & Mining Machinery business has entered into a partnership with FAYAT Road Equipment Division (FRED) India to market BOMAG’s road milling machines, soil stabilisers and cement spreaders in India. The partnership encompasses marketing, sales, after-sales support and supply of spares. FAYAT is France’s largest independent construction group and a global leader […]
Ola Electric has received a sanction order from the Ministry of Heavy Industries, Government of India, for the release of incentives amounting to ₹95.81 Crore (₹95,80,91,273) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme). The sanction pertains to the Demand Incentive under the PLI-Auto Scheme for FY 2026-27, and authorises the payment to […]
Automotive Skills Development Council (ASDC) hosted its 15th Annual Conclave 2026 at Taj Palace, Chanakyapuri, New Delhi, bringing together more than 500 representatives from government, industry, academia and the automotive sector to deliberate on the skills required to support India’s evolving automotive industry. Held on the theme “Skilled Hands, Strong Nation: Building India’s Automotive Future,” […]
Unveils FADA Digest 2026, Kaleidoscope, FADA Employee ID Programme and DSS’26 findings at the event The Federation of Automobile Dealers Associations (FADA) hosted the 8th Auto Retail Conclave 2026, bringing together policymakers, industry leaders, automobile manufacturers, dealers and ecosystem partners to deliberate on the future of India’s automotive retail sector under the theme “BHARAT: Inclusive Mobility, […]