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There will be a shift towards advanced synthetic and semi-synthetic grades

Ravi Chawla, MD & CEO, Gulf Oil Lubricants

Abilities secures patent for revolutionary piston technology

The technology is poised to transform the engine components landscape

Auto component industry grows 32.8% in FY2022-23

The turnover of the automotive component industry stood at Rs 5.60 lakh crore for the period of April 2022 to March 2023.

Indian auto component industry grows 32.8% in FY 2022-23

Sales to OEMs grows 39.5% on back of strong growth in vehicle sales

Auto component sector sees record turnover of Rs 4.2 trillion in FY22: ACMA

Indian auto components industry clocked its highest-ever turnover of Rs 4.2 trillion in 2021-22, registering a growth of 23 per cent on the back of strong performance in exports

ACMA seeks uniform 18% GST for all auto components

Auto components industry body ACMA has urged the government for a uniform GST rate of 18 percent on all auto parts to curb the impact of counterfeits in the aftermarket operations.

ACMA seeks uniform 18% GST for all auto components

ACMA has urged the government for a uniform GST rate of 18 per cent on all auto parts to curb the impact of counterfeits in the aftermarket operations.

Icra slashes growth forecast for auto components industry to 17-20 pc for FY22

According to Icra, the components industry is now expected to grow at 17-20 per cent in 2021-22, partly aided by "the low base of last year and commodity passthrough" besides growth driven by domestic OEM, replacement and export volumes.

How can the auto components industry bounce back

Financial year (FY) 2020-2021 was a year of transition for the auto components industry. There were new challenges in the form of outburst of Covid-19, loss in production, supply side disruptions, etc.

Auto Expo 2020-Components gets an overwhelming response

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers announced the 15th edition of Auto Expo 2020 Components, themed ?Technovation - Discover Innovations for Future?.

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