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Auto Component MSMEs Face Capability Gap, ₹39,000cr Tied Up

Auto Component MSMEs Face Capability Gap, ₹39,000cr Tied Up

autherEshisha Java     calendar03 Sep 2026

Vector Consulting Group study says operational inefficiencies could potentially release ₹29,000-39,000 crore in working capital, while capability gaps among MSME suppliers could constrain investment in new automotive technologies.

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Balu Forge Industries Acquires Large-Scale Ring Rolling Production Line News
Balu Forge Industries Acquires Large-Scale Ring Rolling Production Line

autherAngitha Suresh calendar03 Sep 2026

The Mumbai-based engineering company's new equipment can produce forged rings up to 6.7 metres in diameter, targeting ...

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SPR Auto Explores Acquisitions in Thermal Management, Mechatronics News
SPR Auto Explores Acquisitions in Thermal Management, Mechatronics

By Kiran Murali and Ketan Thakkar calendar03 Sep 2026

SPR Auto is evaluating acquisitions and partnerships in thermal management and mechatronics to expand its technology-f...

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ACMA Annual Session 2026 Puts Aftermarket Transformation at Centre of Industry Debate News
ACMA Annual Session 2026 Puts Aftermarket Transformation at Centre of Industry Debate

autherAngitha Suresh calendar03 Sep 2026

India's automotive component industry gathered in New Delhi to discuss technology adoption, supply chain shifts and th...

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Goyal Tells Indian Auto Component Makers to Go Global, Build Manufacturing Footprint Overseas News
Goyal Tells Indian Auto Component Makers to Go Global, Build Manufacturing Footprint Overseas

By Darshan Nakhwa, Kiran Murali and Anurag Chaturvedi calendar02 Sep 2026

Commerce and Industry Minister Piyush Goyal says Indian suppliers should use greater market access through trade agree...

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India’s Auto Component Industry Aims to Double Share in Global Exports, Targets 5% in Next Few Years: ACMA News
India’s Auto Component Industry Aims to Double Share in Global Exports, Targets 5% in Next Few Years: ACMA

autherPrerna Lidhoo calendar02 Sep 2026

Industry body plans to scale outbound shipments from current 1.8% global share by building intellectual property, upgr...

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Auto Component Makers Need Deeper Localisation, Engineering Agility to Tackle Supply Chain Shocks: ACMA News
Auto Component Makers Need Deeper Localisation, Engineering Agility to Tackle Supply Chain Shocks: ACMA

autherPrerna Lidhoo calendar02 Sep 2026

Leaders say collaboration, talent and circular innovation will be critical to sustaining growth amid global volatility...

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India Working on BIS Exemption for High-Tech Sectors, Goyal Says News
India Working on BIS Exemption for High-Tech Sectors, Goyal Says

By Anurag Chaturvedi, Darshan Nakhwa & Kiran Murali calendar02 Sep 2026

Minister reiterates Tokyo pledge on BIS certification relief for chipmakers and AI companies, linking it to the auto s...

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India may Set up Dedicated Auto Component Parks for US Firms, Goyal Says News
India may Set up Dedicated Auto Component Parks for US Firms, Goyal Says

By Anurag Chaturvedi, Darshan Nakhwa and Kiran Murali calendar02 Sep 2026

Offer to reserve parks for US-India projects follows envoy Sergio Gor's call for Indian component makers to expand int...

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Suppliers Dominate India’s 70 Automotive GCCs as Global Tech Boom Reaches 2,100 Centers News
Suppliers Dominate India’s 70 Automotive GCCs as Global Tech Boom Reaches 2,100 Centers

By Shahkar Abidi and Prerna Lidhoo calendar02 Sep 2026

GCC expansion and rising R&D investments are shifting India’s auto component industry towards engineering, software an...

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POLL OF THE MONTH

What will be the primary battery technology powering mainstream EVs five years from now?

What will be the primary battery technology powering mainstream EVs five years from now?

Lithium-ion

 

51.55%

Sodium-ion

 

18.01%

Solid-state

 

19.88%

None of the Above

 

1.86%

Not Invented Yet

 

8.70%

Total Votes : 161