The Automotive Component Manufacturers Association of India (ACMA) is the apex body representing the interest of the Indian Auto Component Industry. Its membership of over 780 manufacturers contributes more than eighty five per cent of the auto component industry’s turnover in the organised sector. ACMA is an ISO 9001:2008 Certified Association.
ACMA’s charter is to develop a globally competitive Indian Auto Component Industry and strengthen its role in national economic development as also promote business through international alliances.
The Auto Component industry in India, with a strong positive multiplier effect, is one of key drivers of India’s economic growth. The well-developed Indian auto component industry manufactures a wide variety of products including engine parts, drive transmission and steering parts, body and chassis, suspension and braking parts, equipment and electrical parts, besides others.
In FY 2015-16, the Indian auto-component industry registered a turnover of 2,55,635 crore (USD 39 billion) growing by 8.8 per cent, surpassing the Automotive Mission Plan 2006-16 target. The CAGR of the industry stood at 6 per cent over a period of six years.