Wednesday, Jan 26, 2022 | Last Update : 09:23 PM IST

acma

Huge job losses imminent in automotive sector if demand remains weak: ACMA

ACMA President Deepak Jain said that auto industry body SIAM has already predicted an annual downturn of 35-40% due to COVID-19 situatio

07 Jun 2020 2:45 PM

Government seeks suggestions from auto industry leaders for resource mop-up

The industry captains also sought liquidity support to component makers and dealerships

01 May 2020 4:10 PM

Auto component industry turnover dips 10 per cent in Apr-Sep

This led to a job loss of around 1 lakh temporary workers till July this year, industry body ACMA said.

06 Dec 2019 4:08 PM

Auto players should take up GST rate cut demand with state FMs: MoS Finance

Automobile and component manufacturers have been seeking GST cut on automobiles to 18 per cent from 28 per cent

06 Sep 2019 3:09 PM

ACMA seeks uniform 18 per cent GST on all components

The auto components industry currently employs 50 lakh people and contributes 2.3 per cent to India's GDP.

06 Sep 2019 12:52 PM

ADVERTISEMENT

Auto industry seeks stimulus package from government

In a meeting with Finance Minister, industry representatives drew attention to challenges faced by the auto industry.

07 Aug 2019 5:09 PM

Auto component industry fears loss of 10 lakh jobs due to prolonged slowdown

Vehicle sales in all segments have continued to plummet for the last several months.

24 Jul 2019 3:20 PM

Auto component industry seeks stable road map for EV transition

Govt should adopt a pragmatic approach to create a stable and long-term road map for a transition to EVs, said industry body.

11 Jun 2019 6:37 PM

ACMA seeks minimum import price levy on two-wheeler alloy wheels imported from China

MIP is a temporary measure to provide protection to domestic farmers and industry from predatory pricing of imports.

24 Feb 2019 11:52 AM

ADVERTISEMENT
ADVERTISEMENT