Auto component industry turnover decline 3% to ₹3 40-lakh crore in 2020-21: ACMA thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Atlantic City are among the most recent U.S. hubs to announce post-pandemic plans.
Meanwhile, on the other side of the world, earth-shattering expansion is on the horizon. The GIPR notes 18 venues are already under construction in China with another 19 in the works. “China is set to become the largest consumer market in the world with ever-increasing purchasing power a favorable basis for the exhibition business,” the report predicts.
The construction is a sign of the growing maturity of the market, which so far is heavily invested in three major Eastern blocks, including Beijing. “The venue expansion opens up big time,” said Jochen Witt, president and CEO of the consultancy firm
BW Businessworld
Indian Auto Component Industry clocks turnover of Rs 1.19 lakh cr, De-Grows 34% in H1FY2: ACMA
Industry net foreign exchange positive for the first time ever; Exports at Rs 39,003 crore, decreased by 23.6 per cent; Imports at Rs.37,710 crore, decreased 32.7 per cent, an official statement from ACMA said
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The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced the findings of its Industry Performance Review for the first half of fiscal 2020-21. The turnover of the automotive component industry stood at Rs.1.19 lakh crore (USD 15.9 billion) for the period April 2020 to September 2020, registering a de-growth of 34 per cent over the first half of the previous year.
Auto component industry achieves highest-ever trade surplus exports at ₹39,003 cr in H1
December 16, 2020
Imports as well as exports of auto components contracted in 2019-20 - Bijoy Ghosh×
The auto component industry, for the first time ever, has witnessed a trade surplus, with exports at ₹39,003 crore ($5.2 billion) in the first half of FY21, said the Automotive Component Manufacturers Association of India (ACMA) on Wednesday.
Imports
Imports during the period was recorded at ₹37,710 crore ($5 billion). However, both exports and imports declined by 23.6 per cent and 32.7 per cent, respectively, during the period, said ACMA in its ‘Industry Performance Review’ for the first half of FY21.