Automotive Component Manufacturers Association of India (ACMA) announced the findings of its industry performance review today, for the first half of fiscal 2022-23. The turnover of the automotive components industry stood at $33.8 billion for the period April 2022 to September 2022, registering a growth of 34.8 percent, over the first half of the previous year. As per ACMA, the aftermarket in H1 2022-23 witnessed a growth of eight percent to $5.4 billion from $5.3 billion in H1 2021-22.

Commenting on the performance of the auto components industry in India, Vinnie Mehta, Director General, ACMA, said, “With vehicle sales and exports gaining traction, month-on-month, the auto components industry demonstrated a growth of 34.8 percent. Steady growth was witnessed in all the segments, from supply to OEMs to exports to the aftermarket. Exports grew by 8.6 percent to $10.1 billion while imports grew by 17.2 percent to $10.1 billion. The aftermarket, estimated at INR 420.07 billion, also witnessed a growth of eight percent. Component sales to OEMs in the domestic market grew by 46 percent to INR 2.23 trillion.”

Mehta went on to point out that Europe and North America remain the two primary export destinations. Exports to the CIS and Baltics fell sharply by 66 percent due to the war in Ukraine and the sanctions imposed in Russia, he said. “There has been a growth in electronics and electricals, thanks to the growing electric mobility,” Mehta added. “The usage of vehicles, for personal as well as commercial use, started to increase with recovery from the pandemic. The industry size surpassed pre-pandemic levels due to a combination of factors. For example, the surge in demand for new vehicles and used vehicles, shift in preferences towards larger/more powerful vehicles and an increase in commodity prices.”

Mehta also highlighted what holds good for the Indian auto components industry, like the domestic demand continuing to be strong, a focus on clean and new technology, new entrants in the mobility space, and more. He informed about aspects that do not work in favour of the industry and need to be overcome as well, such as the Russia-Ukraine war, the looming recession in Europe and the US, and high GST rates on auto components.

Sharing his insights, Sunjay Kapur, President, ACMA, and Chairman, Sona Comstar, said, “With vehicle sales across all segments reaching the pre-pandemic levels and moderation in the supply-side issues, such as availability of semiconductors, high input raw material costs and non-availability of containers, the auto components sector witnessed a steady growth in both domestic and the international markets in the first-half of FY2022-23. With the domestic manufacturing of vehicles and components gathering pace, imports also witnessed an uptick.”

Elaborating on the mood of the industry and outlook for the near to mid-term future, Kapur mentioned that going forward, he is optimistic that the current fiscal year will witness another good performance from the auto components sector. “Further, with growth in consumption of EVs, we are witnessing fast transformation of the auto components sector to be an integral part of the EV manufacturing supply chain,” he said. “The components industry is making steady investments as also acquiring technology companies. For a medium to long-term outlook, we need to be wary of the impending recession in Europe and the US as also the supply chain issues which are not fully behind us.”

Speaking about how the two-wheeler segment is flourishing, Kapur cited that the festive season was very positive for this segment. He explicated, “We hope that the two-wheeler segment will come back on the growth track. This segment is also giving speed in terms of electrification.”

With the Covid surge in China, Kapur shared that they have battened down the hatches. “We are well-prepared for scenarios where we see some kind of uncertainty,” he expressed. “Also, as we continue to localise and invest in new technologies, we hope to reduce our dependence on other countries.”

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Studds Accessories, a leading two-wheeler helmet manufacturer, has launched the Raider Youth Looney Tunes Edition in collaboration with Warner Bros. Discovery Global Consumer Products at prices starting at INR 1,395.

The helmet features character graphics from the Looney Tunes franchise integrated onto Studds’ full-face youth helmet architecture.

The graphics incorporate characters including Bugs Bunny, Tweety, Daffy Duck, Taz, Road Runner and Wile E. Coyote alongside the Looney Tunes logo across the shell, rear, and chin-bar. The series is produced in six base colours: Blue, Baby Pink, Flame Blue, Pastel Green, White, and Black.

The helmet carries Bureau of Indian Standards (BIS/ISI) certification and is manufactured in XXS (520 mm) and XS (540 mm) sizes.

Sidhartha Bhushan Khurana, Managing Director, Studds Accessories, said, "For young riders and individuals with smaller head sizes, finding a helmet that balances uncompromised full-face safety with expressive design has historically been a challenge in the market. With the Raider Youth Looney Tunes Edition, our intent was to bridge that gap by integrating safety engineering with design philosophy that brings instant joy and nostalgia. This collaboration with Warner Bros. Discovery is not just about adding graphics, it is about making helmets that young riders are genuinely excited to wear every day, and at the same time are safe."

The base Raider Youth model was introduced in August 2026 for riders with smaller head dimensions. The Looney Tunes variant retains the mechanical specifications of the original helmet, including an acrylonitrile butadiene styrene (ABS) shell, expandable polystyrene (EPS) liner, top air exhaust ventilation, scratch-resistant quick-release visor, quick-release chin strap and micro-fibre lining.

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Tier 1 automotive supplier Uno Minda has launched its new 4-channel audio amplifier, model UNO-AMP-4-100, targeting the automotive aftermarket sector.

The amplifier measures 191 mm by 105 mm by 48 mm, allowing for installation in confined areas within vehicles, including underneath seats. It produces power outputs of 150 W per channel at 2 Ohm and 100 W per channel at 4 Ohm across four speaker channels. In bridged mode, the system converts to a 2-channel setup delivering 320 W per channel at 4 Ohm to power subwoofers or higher-capacity speakers.

Technical specifications for the device include a total harmonic distortion rate of equal to or less than 0.05 percent, a signal-to-noise ratio exceeding 96 dB and an operational frequency response range from 10 Hz to 20 kHz. Input sensitivity ranges between 400 mV and 6 V to enable connection with factory-fitted and aftermarket head units. Electrical protection is supplied via twin 40 A fuses.

Anand Kumar, Business Head, Uno Minda Aftermarket, said, “At Uno Minda, we understand the evolving expectations of car owners who seek enhanced in-car experiences without compromising on practicality. With our new 4-Channel Amplifier, we have combined powerful audio performance with a compact, palm-size form factor to offer greater flexibility in installation. The amplifier's versatile output, wide compatibility and audio performance make it a suitable solution for customers looking to enhance their existing car audio systems while making efficient use of available space.”

The UNO-AMP-4-100 is priced at INR 13,999 and is distributed through physical automotive retail stores alongside e-commerce portals including Uno Minda Kart, Amazon and Flipkart.

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Tata Power EZ Charge has commissioned an electric vehicle charging hub at New Mahakali Nagar in Malvani, Malad West, Mumbai.

The facility comprises eight parking bays and four fast-charging units, including one 120 kW unit and three 60 kW units that can be upgraded to 120 kW capacity.

The station operates continuously without parking fees for public and commercial fleet users. Situated near Mindspace Business Park and Infinity Mall, the location provides charging access for commuters and logistics fleet operators traveling through the Malad corridor.

With the addition of the Malad site, Tata Power’s EZ Charge network includes over 2,400 charging points across Maharashtra, with more than 1,800 points located within the Mumbai and Navi Mumbai municipal areas. The installed units support CCS2 charging standards to accommodate compatible electric vehicle models.

EV users can locate the station, view real-time charger availability and execute transactions using the Tata Power EZ Charge mobile application. Nationally, the EZ Charge infrastructure network encompasses more than 250,000 home charging setups, over 6,500 public and commercial charging points, and 1,200 electric bus charging points across 700 cities and towns.

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Bridgestone India has commissioned a new 'Select' store at Hinjewadi Phata in Pune to further strengthen its retail footprint in the region. The 'Select' store, called as Deepraj Tyres, is designed to offer customers a complete tyre and wheel care experience under. Along with premium tyres, customers can expect expert guidance, modern equipment and services that focus on safety, comfort and long-term performance.
Opening the store in response to the growing demand for reliable and high-quality tyre solutions in the region, the 'Select' store is set to serve as a convenient, one-stop destination for tyre and allied services for passenger vehicle owners. It will stock Bridgestone’s latest premium tyre range including the Turanza 6i and Dueler All-Terrain A/T002 besides providing services like wheel alignment and balancing, nitrogen air filling and tyre change. 
“Pune is an important market for Bridgestone. The opening of this Select Store in the city reflects our commitment to offering customers easy access to premium products and trusted services. Our focus is on building long-term relationships by delivering safety, quality, and a consistently good experience,” said Rajiv Sharma, Executive Director, Sales & Marketing, Bridgestone India.
 

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