Trade Analytics

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Auto Components

Fiscal Year:

GST to provide US$ 39bn auto ancillary industry fuel for growth

Jaipur: The implementation of The Goods and Services Tax (GST) is expected to reduce the effective tax rate for auto ancillary industry from the existing 28-30 per cent to 18 per c...

March 01, 2017

Sundaram Clayton to invest in US plant; expand in India too

Chennai: Sundaram Clayton, part of the TVS group, plans to invest US$ 50 million in US and Rs 400 crore (US$ 59.76 million) in India over the next three years.


February 13, 2017

Gestamp invests Rs 260 crore in hot stamping plant in Pune to meet future light weighting needs of car makers

Mumbai: Gestamp, the Spain-based auto components manufacturer, has invested around Rs 260 crore (US$ 38.8 million) for setting up its new hot stamping plant in Pune, and plans to e...

February 09, 2017

Maker of JBL audio systems, Harman International expects India business to triple in 3 years

New Delhi: Mr Dinesh Paliwal, Chief Executive Officer of US-based Harman International Industries, has stated that India is an important market for the company and expects to tripl...

September 14, 2016

Indian auto component industry grows by 8.8% in FY16 to Rs 2.55 lakh crore

New Delhi: The turnover of India's auto component industry has grown by 8.8 per cent year-on-year to Rs 255,000 crore (US$ 39 billion) in FY 2015-16, according to data from the...

June 17, 2016

Auto component industry may grow 8-10% next year

Mumbai: The Indian Auto Component industry is expected to grow by 8-10 per cent in FY 2017-18, based on higher localisation by Original Equipment Manufacturers (OEM), higher compon...

March 30, 2016

We are now dialling up the game: Harley-Davidson's Marc McAllister

Every two or three months, Marc McAllister comes to India. For the Singapore-based vice-president and managing director at Harley-Davidson Asia-Pacific, India is one of the most important markets. ...

February 28, 2016

International auto-part firms eye India

New Delhi: A large number of international auto component makers plan to enter the Indian market and tap the rising domestic demand, as is evident from a total of 600 international...

February 08, 2016
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