The industry also appointed Nirmal K Minda, Chairman and Managing Director of Minda Industries, as the Vice President of ACMA for 2016-17.
"Going forward, the industry will have to focus on innovation and manufacturing excellence, with quality as the bedrock, offering distinct value proposition to rapidly globalising automotive supply chains," ACMA Director General Vinnie Mehta said.
The auto component industry has progressed well in the last decade and is prepared for next phase of growth, Kapur said.
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