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ACMA reiterates key demands ahead of FY25 Budget, seeks growth boost for auto components

autherAutocar Professional Bureau     calendar24 Jun 2024

The recommendations include several key points: Incentives for capital expenditure, increased depreciation rates, rationalisation of GST rates for electric vehicles, and continuation of successful schemes like the Production Linked Incentiv...

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Korea's Daewoo makes a comeback to India with automotive batteries News
Korea's Daewoo makes a comeback to India with automotive batteries

autherAutocar Professional Bureau calendar24 Jun 2024

The company is launching a range of advanced four-wheeler batteries for cars, trucks, tractors, and buses, designed sp...

Tata Motors’ year of transformation Feature
Tata Motors’ year of transformation

By Shahkar Abidi and Ketan Thakkar calendar23 Jun 2024

Tata Motors showed remarkable performance in FY24 despite global challenges, with the CV, PV and JLR divisions achievi...

‘Western India offers a complete portfolio of automotive manufacturing:’ Vinnie Mehta Interview
‘Western India offers a complete portfolio of automotive manufacturing:’ Vinnie Mehta

By Mayank Dhingra calendar23 Jun 2024

The Western region continues to play a crucial role in the automotive component sector’s growth and offers manufacturi...

Western India: an automotive powerhouse Feature
Western India: an automotive powerhouse

By Mayank Dhingra calendar23 Jun 2024

The western zone is now attracting EV makers with its pro-business policies, skilled workforce, and state subsidies.

Varroc’s record orders portend strong growth Feature
Varroc’s record orders portend strong growth

By Shahkar Abidi calendar22 Jun 2024

New orders are projected to generate additional revenue of Rs 850 crore in FY25 for the automotive component supplier....

Amara Raja invests additional Rs 175 crore in EV battery firm Inobat, increases stake to 9.32 percent News International
Amara Raja invests additional Rs 175 crore in EV battery firm Inobat, increases stake to 9.32 percent

autherAutocar Professional Bureau calendar21 Jun 2024

Leading Indian battery maker, which is setting up a gigafactory in Telangana, makes fresh investment in InoBat, the Eu...

India’s Harsha Engineers and Ravi Technoforge among top 23 to win Schaeffler Supplier Award  News International
India’s Harsha Engineers and Ravi Technoforge among top 23 to win Schaeffler Supplier Award 

By Ajit Dalvi calendar20 Jun 2024

Two Indian component suppliers are among the 23 global suppliers chosen to receive the 2024 Schaeffler Supplier Award ...

JLR honours 50 companies at eighth Global Supplier Excellence Awards News International
JLR honours 50 companies at eighth Global Supplier Excellence Awards

autherAutocar Professional Bureau calendar20 Jun 2024

Six winners including the Aditya Birla Group’s Novelis recognised for their extraordinary contribution in cost transfo...

Vitesco Technologies showcases single-module rotor lock actuator for EVs News International
Vitesco Technologies showcases single-module rotor lock actuator for EVs

autherAutocar Professional Bureau calendar20 Jun 2024

Combination of park lock, rotor position sensing and brush system for electric axles in one module; helps reduce compl...