Automotive Component Manufacturers Association (ACMA), the apex body representing the Indian auto component manufacturing industry, recently organised the ‘ACMA Value Chain Summit’ in Gandhinagar to showcase products and solutions for the Gujarat based OEMs. The summit, with the objective of creating a robust automotive ecosystem in the state, was held on May 18 and 19, 2018. Vinnie Mehta, Director General, ACMA, said, “We are extremely happy to bring 150 auto component manufacturers, both tier-1 and tier-2 suppliers, to Gujarat to enable creation of a strong automotive ecosystem in the state.”
In recent years Gujarat has emerged as a key investment destination for major automotive manufacturers. The Government of Gujarat aims at increasing the contribution of automotive production in overall engineering output to 10 per cent by 2020 from the current 3.7 per cent. The installed capacity of over 10 lakh vehicle units annually is expected to surpass that of top car manufacturing states such as Haryana and Tamil Nadu in the next 3-4 years.