ACMA India

ACMA India Auto Component Assosiation It stands to manifest the views and ideas of 600 member companies from the auto component industry.

The Automotive Component Manufacturers Association of India (ACMA), an ISO 9001:2008 certified association, formed in the year 1959 and is an apex body representing the burgeoning auto component industry in India. With a vision of becoming the harbinger of change & a catalyst of growth and development of the Indian automotive component industry, ACMA has acted as a protagonist in providing a condu

cive environment for the growth and development of this sector and voicing out the concerns of its members and the industry at large to the government. The vision 2020 of the auto component industry in the country extrapolates a phenomenal growth, four times from its current size of USD 26 billion to USD 110 billion. ACMA has successfully juxtaposed the collective interest of auto component industry with the key challenges faced, in front of the government. ACMA has been tirelessly working in creating awareness on access to capital, training programs for various SME’s pertaining to manufacturing and technology and has worked closely with Tier I & Tier II companies for garnering better outsourcing opportunities. The association has formulated regular interactions with various government departments and ministries on issues of policy formulation, exim & fiscal matters, industrial, transport, WTO, trade agreements & international trade policies. ACMA is involved in trade promotion through organizing national and international fairs, hosting trade delegations, buyer seller meets, participation in domestic & overseas automotive exhibitions, export promotion projects with international agencies. It has also taken the onus of generating better accessibility to quality & technology for the industry through the ACMA Centre for Technology (ACT). As a key take away for its members and the industry, ACMA also undertakes collection, dissemination and prognosis of authentic industry data. It undertakes research and publication on relevant areas of the auto component industry for its various stakeholders. It has ardently pursued the agenda of campaigning against counterfeiting & promotion of firm level competitiveness & shop floor best practices through seminars / conferences on Six Sigma, Kazen, TQM and HR. ACMA’s charter is to develop a globally competitive Indian Auto Component Industry and strengthen its role in national economic development to promote business through international alliances. Internationally this strategic alliance has been concretized by conceiving partnerships with counterpart associations worldwide and international bodies like UNIDO and UNO. ACMA felicitates member companies every year, through its national flagship award constituted for work undertaken in areas of quality & productivity, export, technology and manufacturing excellence, adjudicated by eminent jury comprising of CEO’s of various OEM’s. ACMA is inextricably linked with the auto component sector in India and hence paves the path for channelizing & establishing business contracts with the Indian Automotive Industry, fueling the impetus of growth for the entire automotive industry.

"This theme of building resilience, managing uncertainty and creating new avenues for deeper supply chains is so appropr...
03/09/2026

"This theme of building resilience, managing uncertainty and creating new avenues for deeper supply chains is so appropriate for the times we live in." - Shri Piyush Goyal, Hon'ble Union Minister of Commerce & Industry.

The Valedictory Session on FTAs brought together Mr Harjinder Kang (UK), Ambassador Sergio Gor (USA) and Shri Piyush Goyal to explore new avenues for India's auto component industry.

Mr Kang outlined how the India-UK Vision 2035 and the FTA in effect since July 2026 - cutting tariffs on 99% of India's exports - place automotive at the heart of a revitalised partnership, with tariff-free access opening the UK's £75 billion auto sector to Indian OEMs. Ambassador Gor spoke of India-US ties at a historic high, moving from "shipping components across oceans" to co-designing mobility's future, inviting ACMA to the Select USA Summit.

Shri Piyush Goyal tied it together: 9 trade agreements across 38 countries in 4-5 years, with ACMA "a pillar of support" throughout. His call to industry - build resilience through indigenisation, move up the value chain, and sharpen focus on safety and technology - as India's auto sector marches towards its $500 billion target.

"In summary: day-to-day trade has become cheaper, quicker and easier."Mr Harjinder Kang, His Majesty's Trade Commissione...
03/09/2026

"In summary: day-to-day trade has become cheaper, quicker and easier."

Mr Harjinder Kang, His Majesty's Trade Commissioner for South Asia & British Deputy High Commissioner for Western India, spoke on the India-UK Vision 2035 - endorsed by both Prime Ministers in 2025, with automotive and future mobility placed right at its heart.

He pointed to the scale of opportunity on offer: a UK automotive sector generating £75 billion in turnover, with productivity 40% above the national average; 4 of the world's top 10 universities and £5.3 billion in annual automotive R&D investment; and, for investors, a 25% corporate tax rate - the lowest in the G20 - alongside strong R&D tax credits and full capital expensing.

"The question today isn't how we endure - it's how we win."Moderated by Mr Natarajan Sankar, Senior Partner & MD, BCG, t...
03/09/2026

"The question today isn't how we endure - it's how we win."

Moderated by Mr Natarajan Sankar, Senior Partner & MD, BCG, the panel brought together Mrs Anjali Singh (ANAND Group), Mr Ganesh Mani (Switch Mobility & Ashok Leyland), Mr Deepak Shetty (JCB India), Mr Sanjeev Jain (Honda Motorcycle & Scooter India), Mr Akash Passey (ZF Group - India) and Mr Tarun Garg (Hyundai Motor India).

The conversation spanned a decade of progress: deeper localisation, export scale, and the confidence to acquire rather than chase global players, and the shifts still needed: smarter (not just more) automation, end-to-end digital visibility, causal demand forecasting, and suppliers moving from vendors to co-creators of value.

Closing thoughts for the next decade: quality-first thinking, supplying technology and not just components, balancing tech with talent, embracing AI early, adaptability over resilience, and building sustainability in from design to production.

"Companies that built resilience across cycles of demand didn't trade off on margins - they actually widened the gap, st...
03/09/2026

"Companies that built resilience across cycles of demand didn't trade off on margins - they actually widened the gap, staying ahead even through tougher periods."

In the Lead Presentation, Mr Saurabh Chhajer, Partner & Managing Director, BCG, noted that growth is a given, but uncertainty is now structural. He outlined 8 principles for resilient leadership - from investing ahead of the curve to professionalising systems and diversifying critical dependencies - releasing the report ‘Beyond Resilience. Built to Endure. Designed to Win.’

Building on this, Mr Tarun Garg, MD & CEO, Hyundai Motor India, said, “resilience is the foundation, but leadership must be the destination.” He called on India to build Value Excellence - a capability the world associates with it - through 4 pillars: Master Technology, Engineer Cost, Compound Learning and Export Competitiveness.

"His emphasis on domestic manufacturing, technology, localization, and domestic value addition gives us confidence as we...
03/09/2026

"His emphasis on domestic manufacturing, technology, localization, and domestic value addition gives us confidence as we prepare for the next phase of mobility."

Proposing the Vote of Thanks at the Inaugural Session, Mr Sriram Viji thanked Shri H. D. Kumaraswamy for his guidance, Mr Shailesh Chandra and SIAM for their continued partnership with ACMA, Mr R. Mukundan and CII for articulating India's wider manufacturing imperative, and Mr Hisashi Takeuchi for Maruti Suzuki's enduring commitment to localization, supplier development, quality and exports. He also thanked Mr Vikrampati Singhania for leading the association with thoughtfulness and future readiness, the BCG team for the Beyond Resilience report, all sponsors, partners and the media, and the ACMA secretariat for seamlessly bringing the session together, closing with gratitude to all members and delegates present.

"India-US relations are no longer just about shipping components across oceans - we are co-designing the future of mobil...
02/09/2026

"India-US relations are no longer just about shipping components across oceans - we are co-designing the future of mobility together."

Ambassador Sergio Gor called India-US ties at a historic high, citing the Pax Silica Declaration and Ford's $370 million investment to retool its Chennai facility as proof of shared prosperity in action. Calling India's auto component industry an increasingly reliable and sophisticated partner under ACMA's leadership, he invited India to bring greenfield assembly, R&D centres and distribution networks to the US - with an official invite to ACMA leadership to the Select USA Summit in Washington DC.

"It's only out of churn that nectar emerges. In a world full of uncertainty, India has stayed the course as the fastest-...
02/09/2026

"It's only out of churn that nectar emerges. In a world full of uncertainty, India has stayed the course as the fastest-growing major economy at 7.8% growth."

Shri Piyush Goyal noted that in the last 4-5 years under PM Modi's leadership, 9 trade agreements have been finalised across 38 developed countries with a combined GDP of USD 60 trillion - with ACMA "a pillar of support" through every negotiation. Calling the auto industry the torchbearer of Make in India, he urged the industry to convert local business to global business: build resilience through active indigenisation, move up the value chain, and take safety, scrappage and technology to the next level - as India's auto sector marches towards its USD 500 billion target.

"Competitiveness is not an individual company phenomenon, it's a wider ecosystem."Mr Hisashi Takeuchi, MD & CEO, Maruti ...
02/09/2026

"Competitiveness is not an individual company phenomenon, it's a wider ecosystem."

Mr Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, outlined 4 enablers of resilience: deep localisation, human resources, collective learning, and technology. As emphasised by the PM, India must strengthen manufacturing and reduce strategic dependence; with GST 2.0 accelerating growth, Indian products must now compete on quality with the best in the world.

Calling it a homecoming of sorts at ACMA, Mr R Mukundan, President, CII; MD & CEO, Tata Chemicals, expressed his delight...
02/09/2026

Calling it a homecoming of sorts at ACMA, Mr R Mukundan, President, CII; MD & CEO, Tata Chemicals, expressed his delight at being invited and thanked everyone present.

He spoke of trade, talent and technology as the need of the hour, noting how the industry's architecture is changing fast. As globalisation deepens and the industry moves up the value chain, he stressed that this must happen in true partnership and coexistence with OEMs, with localising technology, as emphasised by the PM, being key, alongside sustainability across Tier 1 and Tier 2 suppliers.

Shailesh Chandra, President, SIAM & MD, Tata Motors PV and Tata Motors PEM, shared key insights: India now ranks among t...
02/09/2026

Shailesh Chandra, President, SIAM & MD, Tata Motors PV and Tata Motors PEM, shared key insights: India now ranks among the top 3 globally in passenger vehicles and two-wheelers, with GST 2.0 further fuelling industry growth, and rising auto component turnover reflecting India's emergence as a leading force in global automotive manufacturing. To ensure global competitiveness, he called on the industry to identify where India can build globally competitive products, deepen localisation, and stay alert to how even small disruptions can ripple through global supply chains.

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Automotive Component Manufacturers Association Of India, 6th Floor, The Capital Court, Olof Palme Marg, Munirka
Delhi
110067

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7827185429

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