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Component Exports Double in One Decade to $24 Billion

autherEshisha Java     calendar02 Sep 2026

Exports have more than doubled since FY16 and the sector turned a net trade surplus in FY24, yet India's share of world component trade remains a fraction of China's.

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India's Auto Component Industry Runs Into a Deeper Talent Problem News
India's Auto Component Industry Runs Into a Deeper Talent Problem

autherAnurag Chaturvedi calendar02 Sep 2026

A five-fold gap between skilled-worker demand and local training supply in Pune points to a wider problem, as supplier...

Resilience Gives India’s Auto Component Makers a Competitive Edge: BCG-ACMA Study News
Resilience Gives India’s Auto Component Makers a Competitive Edge: BCG-ACMA Study

autherAnurag Chaturvedi calendar02 Sep 2026

BCG-ACMA analysis of 450 suppliers shows companies that consistently outperformed the sector widened their EBITDA marg...

Maruti Suzuki Calls for Deep Localisation Down to Tier-3 Suppliers as Global Supply Chains Shift News
Maruti Suzuki Calls for Deep Localisation Down to Tier-3 Suppliers as Global Supply Chains Shift

autherDarshan Nakhwa calendar02 Sep 2026

MD and CEO Hisashi Takeuchi says India has an opportunity to emerge as a trusted manufacturing hub, but world-class qu...

ACMA Calls for Shift From ‘Make in India’ to ‘Create, Engineer and Innovate in India’ News
ACMA Calls for Shift From ‘Make in India’ to ‘Create, Engineer and Innovate in India’

By Darshan Nakhwa calendar02 Sep 2026

President Vikrampati Singhania says Indian suppliers must take greater ownership of design, technology and product dev...

‘Make for the World’: Kumaraswamy Urges Auto Industry to Invest More Aggressively in Emerging Technologies News
‘Make for the World’: Kumaraswamy Urges Auto Industry to Invest More Aggressively in Emerging Technologies

By Darshan Nakhwa calendar02 Sep 2026

Heavy Industries Minister says India’s next phase of automotive growth must focus on scale, localisation, innovation a...

CV Aftersales Faces Talent Challenge as Gig Jobs Draw Technicians: VECV’s Gill News
CV Aftersales Faces Talent Challenge as Gig Jobs Draw Technicians: VECV’s Gill

By Darshan Nakhwa and Hormazd Sorabjee calendar01 Sep 2026

Technicians now need to handle everything from BS3 and BS6 trucks to CNG, LNG and EVs, even as easier gig-economy jobs...

Auto PLI Draws Rs 44,326 Crore Investment: H D Kumaraswamy News
Auto PLI Draws Rs 44,326 Crore Investment: H D Kumaraswamy

By Mukul Yudhveer Singh and Prerna Lidhoo calendar01 Sep 2026

The Rs 25,938-crore scheme has 82 approved applicants and has generated close to 68,000 jobs, according to the Union H...

Maruti Suzuki Production Rises 40% YoY to 221,613 Units in August News
Maruti Suzuki Production Rises 40% YoY to 221,613 Units in August

autherEshisha Java calendar01 Sep 2026

Utility vehicle production rose 67% year on year, while total passenger vehicle output increased 40% to 217,881 units....

Spinny Targets Dealership Exchange Business, Says Exclusive Model can Add up to 3% Value News
Spinny Targets Dealership Exchange Business, Says Exclusive Model can Add up to 3% Value

autherPrerna Lidhoo calendar01 Sep 2026

Used-car retail platform Spinny is looking to deepen its presence in the dealership exchange business as it builds a f...