India-US Trade Agreement to Increase Competitiveness of Auto Components: ACMA

New Delhi, Auto parts body ACMA termed the India-US trade deal as a positive step and on Tuesday said the agreement will increase the competitiveness of Indian goods in the US market.The Automotive Component Manufacturers Association of India (ACMA) applauded Prime Minister Narendra Modi and Commerce Minister Piyush Goyal on concluding a trade deal with […]

Tariff risks will keep orders for U.S. auto parts at bay in the long term

Auto parts makers in India are facing a slowdown in long-term orders from the US, their biggest overseas market, following threats of higher tariffs from the Trump administration, a senior industry official said.“Automakers in the US and neighboring countries are showing hesitation in talks for import supply contracts with Indian auto component makers for new […]

Auto -components Makers are not worried about American rates, Conditions IT -transition phase

The Indian car component industry is not unnecessary about the implications of American rates for products from India, although it has an impact on ‘some persistent’ of customers there in the short term because of the uncertainty, said civil servants of ACMA Friday. Given the current rate situation with the US, they said that the […]