Page 4 - Auto Parts

Auto parts imports from China down 42% during April-July: Ministry data

Industry body is optimistic about govt's push for greater localisation of components, but says indigenous manufacture will take some time

Going local a bigger challenge than expected for the automobile industry

Weaning the auto-components industry off Chinese imports will be a bigger challenge than what the government expects

Weak rural income, waning demand impact revenue of auto component SMEs

The auto component industry depends heavily on domestic vehicle makers, which account for 65 per cent of total demand in value terms

Auto parts industry to grow by 15% in FY20 despite demand slowdown: Icra

The ratings agency also expects automobile volumes to grow 8-9% during 2019-20, as against 14.8% growth during 2018-19

Apollo Tyres starts production from Hungarian plant

It is investing € 475 mn in facility - the first overseas greenfield plant by an Indian tyre firm