'Auto sector export incentives must continue'

Amid a slowdown in the automotive industry, the Automotive Component Manufacturers Association of Indiaasked the government to continue providing export incentives to domestic manufacturers, while......

Auto component growth to slowdown in FY12

Indian auto component industry is expecting a slowdown in growth to 12-15 per cent in 2011-12 from over 34 per cent in the previous fiscal, Automotive Component Manufacturers Association of India......

Fake auto parts cost 2,200 crore to govt

The Indian automotive aftermarket has touched the Rs. 33,000-crore (Rs. 330 billion) mark, but unchecked fake spare parts are costing the government exchequer Rs. 2,200 crore (Rs. 22 billion) a......

Auto industry protests move on steel duty

Auto component makers and automobile majors, faced with sagging sales over the last two quarters, have expressed strong reservations against the steel industry's demand for re-imposition of 5 per......