IND Vs SA | 3rd Test Oct 19, 2019
IND 224/3 (58.0)
UAE Vs IRE | Match 9 Oct 19, 2019
UAE 83/2 (10.1)
Latest News on Acma
Showing of 0 - 10 from 19 results
Acma - Total results - 19
Sep 06, 2019
Auto sector slowdown: Anuragh Thakur heckled at ACMA event over fall in sales, says govt bids underway to save industryMinister of State for Finance Anurag Thakur was heckled at an ACMA event on Friday after he asked auto industry players why sales had not picked up despite measures taken by government, RBI intervention and big discounts by manufacturers, to which a participant interjected and said it was because of the "demonetisation effect"
Sep 06, 2019
Maruti Suzuki asks auto component industry to produce electronics, key parts in India to cut importsThe country's largest carmaker Maruti Suzuki India on Friday asked the components makers to start manufacturing vehicle electronics and certain key parts in India in order to cut imports of such articles
Sep 06, 2019
Auto sector slowdown: Components industry seeks uniform 18% GST on all partsAuto components industry on Friday sought uniform 18 percent GST in order to help companies with their working capital borrowings which could be used to invest in long-term assets
Aug 15, 2019
Auto sector crisis: April-July passenger vehicle output down 13.2% on Maruti, M&M production cutsMarket leader Maruti Suzuki India's production during the period stood at 5,32,979 units, down 18.06% from the comparable period last fiscal.
Aug 07, 2019
Auto industry seeks stimulus package from govt as sector hit by unprecedented slump in salesAuto industry leaders on Wednesday asked the government for a stimulus package, including GST reduction on vehicles, for the sector which has been hit by an unprecedented slump in sales
Aug 01, 2019
Economy shows signs of structural slowdown: Govt must work on urgent stimulus plan that Budget couldn’t deliverThere is no immediate respite seen for the economy till now. The signs of deeper trouble are flashing continuously indicating that the slowdown is turning structural in nature.
Jul 26, 2019
Slowdown in auto industry impacts component sector too; 15% job loss after turnover growth dipsThe industry body, which represents the auto components industry that alone employs around 50 lakh people, also sought clarity on policy for electrification of vehicles.
Jul 25, 2019
Auto sector slowdown: Component makers are holding a mirror to the economy, reflection isn’t prettyFor eight months straight, auto sales have been slowing across products and verticals—both passenger and commercial
Jul 24, 2019
Auto component industry fears loss of 10 lakh jobs due to prolonged slowdown; seeks reduction in GST rateAuto Component Manufacturers Association of India (ACMA) on Wednesday sought a reduction in GST rate to a uniform level of 18 percent for the entire automobile industry to stimulate demand and help save around 10 lakh jobs, which are at risk due to the prolonged slowdown in vehicle sales
Jun 28, 2019
Union Budget 2019: ACMA pitches for uniform GST rate of 18% on all auto components as part of measures to support sectorAutomotive component industry body ACMA on Thursday asked the government to ensure a uniform GST rate of 18 percent on all auto components as part of measures to support the sector that is going through a downturn