ACMA Archives

Auto Component Aftermarket Grows 5% In H1FY25: ACMA

Auto Component Aftermarket: The auto component aftermarket grew by 5 per cent due to an increase in used vehicle parc and formalisation of the repair and maintenance market, according to the findings of the Automotive Component Manufacturers Association of India (ACMA). The aftermarket in the first half (H1) of the financial year (FY) 2024 stood…

Auto Industry Contributes To 15 Per Cent Of Total GST In FY24 – SIAM President

DainikNews Live Admin2 years ago07 mins

New Delhi: The Indian automotive industry has crossed the Rs 20 lakh crore mark in FY24 and now contributes 14-15 per cent of the total GST collected in the country, SIAM President Vinod Aggarwal said on Monday. The auto sector also contributes significantly to the direct and indirect employment generation in the country, he said…