Varroc Engineering Ltd., a global tier-I auto components group, reported strong financial and operational performance for FY2024–25, reflecting its strategic focus on innovation, sustainability, and structural simplification. The company closed the year with robust free cash flow generation, margin improvement, and continued deleveraging, while positioning itself for long-term growth across both domestic and international markets. […]
The Automotive Component Manufacturers Association of India (ACMA) – the apex body representing India’s auto component manufacturing industry – has released the findings of its Industry Performance Review for FY2024–25. According to the report, the Indian auto component industry recorded a turnover of ₹6.73 lakh crore (USD 80.2 billion), reflecting a year-on-year growth of 9.6%. […]
The Automotive Component Manufacturers Association of India (ACMA) is deeply saddened to announce the untimely demise of Mr. Sunjay J. Kapur, our Immediate Past President and Chairman Sona Comstar, who passed away on June 12, 2025, due to a sudden heart attack while playing polo in England. Mr. Kapur a respected leader and visionary, was a passionate […]