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New policy can fetch $1-b exports: Acma.
: The auto component industry is bullish on the medium-term export strategy announced by the government yesterday. In a Press statement issued on Thursday, Automotive Component Manufacturers' Association of India president Mr K Kejriwal said that the new policy, if implemented effectively, has the potential to take exports of auto components to $1 billion from the current level of $625 million in the next four years.
Thanking the commerce and industry minister Mr Murasoli Maran, Mr Kejriwal said that the Export Strategy Document would lay a new foundation for India to attain a significant share of the world trade in auto parts and components.
"Acma was already working on a number of projects which are in line with the suggestions made in the new policy. We are pursuing specialised projects to enable our members to enter into the large re-manufacturing business in North America, particularly in the heavy vehicles segment," ...
- Tianjin Port Boosts Auto Component Export by 61.1%.
- News wire article from: SinoCast China Transportation Watch August 25, 2006 700+ words
...Over the seven months, the port's auto component and part export under general trade...the total export of such products. Auto component and part export through processing...value. In recent years, a few global auto component and part producers have forayed into...
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...rising raw material costs, domestic auto component makers continue to announce capacity...not a recent phenomenon for domestic auto-component makers. It has been happening for...in auto components. The domestic auto component industry is expected to grow by 15...
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- News wire article from: PTI - The Press Trust of India Ltd. August 21, 2006 700+ words
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- News wire article from: Asia Africa Intelligence Wire August 19, 2003 700+ words
...India Business Insight) The auto component industry in Madhya Pradesh has...between the two countries. The auto component industry has said that the signing of the agreement will allow auto component imports from Thailand at zero...
- 'Auto component exports have potential to grow to $25 b by 2015'.
- News wire article from: Asia Africa Intelligence Wire September 3, 2004 700+ words
...New Delhi, Sept. 2 - THE Indian auto component industry has the potential of achieving...a Vision 2015 study for the Indian auto component industry, prepared by McKinsey &...of global outsourcing in the Indian auto component industry showed that overseas buyers...
- Auto component cos step on the gas.
- Newspaper article from: Economic Times (New Delhi, India) April 19, 2006 700+ words
...components by global automobile majors. Auto component exports from India in '06 touched...04-05. The total output of the auto component industry is valued at $10bn, which...set a target of $70-100bn-worth auto component exports by the year '10. Automotive...
- Auto component sector to become stronger: Edelweiss.
- News wire article from: PTI - The Press Trust of India Ltd. November 21, 2007 700+ words
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- Auto component suppliers' credit worthiness decline: Crisil.
- News wire article from: PTI - The Press Trust of India Ltd. February 12, 2009 700+ words
Auto component suppliers' credit worthiness decline...The credit worthiness of the auto-component players is deteriorating since the...credit quality, it added. "For many auto-component suppliers, we see rising pressure...
- Steel, auto-component makers lock horns on import restriction.
- News wire article from: PTI - The Press Trust of India Ltd. January 13, 2009 700+ words
Steel, auto-component makers lock horns on import restriction...PTI) Domestic steel makers and auto component manufacturers are at loggerheads...government to check imports, the auto component manufacturers are against it, saying...