Ad Here  
TN – agglomerate land holdings without alienating ownership Things happen by accident and not by design... Pharma – overdose of copying Marketing expert Balagopal is no more Infrastructure funding – lessons learnt Measuring roof tops in terms of KW/MW CRS, a jewel among managers, is no more. Return to king coal for urea... Whistle-Stop Tour of Raghuram Rajan Solar thermal shines… Wanted: a second airport for Chennai ONGC at KG Basin The star of Spencers is no more New IT products of Ramco in the pipeline… A glass full of corruption Adapt Vajpayee dinner diplomacy Parliament in paralysis... When online building permits work…. Another Indian music maestro at the UN Build close rapport with business leaders Online not in line with brick and mortar businesses... Towards speedy justice More heat than light Lalu’s envy, India’s pride Fortune 500 review Why this malaise in medical education? A professional at the helm of IRDA... Modi and the lady A Grand Finale for SN’s MS centenary at the US… Naidu’s return augurs well for Seemandhra Kulandai was a giant When Ratan Tata visited SRM Odisha: spectacular win by Naveen Patnaik EEC at the National Media Centre Revving up the manufacturing sector Permanent secretariat for TN GIM Haul over the coal Welcome focus on core competence Poor representation for Kerala and TN in Cabinet Welcome thrust on trade in Modi’s foreign visits... Remembering Indira Sivasailam... TN-leverage strength of BHEL, NLC... Fall in crude prices help in oil sector reform Boy, can you beat these? Naidu will soon build a new Hyderabad Readers' Mail Paytm karo... Wise Presidents Revive development banks... CIPET hqrs to stay at Guindy – for the present? R Sridhar steps down as CEO of Shriram Capital A rich pool of talent not utilised…. Liberal imports idling indigenous capacities A C Muthiah – his munificent bequeaths to science Mu Sigma – is no more Delhi Chalo... EVM is tamper-proof Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Kinetic Karnataka Increasing non co-operation of state leaders SoA @ 80 London, London Narayan West Bengal: mindless malignancy Land reclamation from sea appears cheaper! Godspeed, Chief Minister JJ Plummeting profits of PSBs Welcome changes that testify to Jayalalithaa’s return to health PC’s preference for professionals Put expensive assets created to use... When the President was rendered homeless… A yen for wastage… Poor quality of university VCs An inexplicable neglect Shipping woes of Chennai companies Muffled voices for merit… The rise and fall of Annamalai University Bihar – Nitish Kumar adopts the Lalu model The ‘Jayanthi Tax.’ The sea- saw battle continues... Moily’s bold thrust Tribute – UCAL Selvan… Recognition to role of NBFCs.... CII projects higher growth… Demise of a media baron... Airlines in India: cost and space MHC should not return to its old indisciplined ways Road development slows down How Air-India loses customs... Five star activism stalls development activity Rahman at CIC Sweet news for TN sugar mills Colour-Chem’s colourful KRVS Convulsions in The Hindu Fortune for Indian Airlines Solar, solar everywhere … Secularism and anti-Hinduism IPL - no surprise this scam He saved millions from starvation... Gay abandon in pricing Nuclear power at the nucleus A more liberated TN… The balancing act Quality education through the PPP mode …and of a popular trade leader Tatas moving out of urea production... Air Asia India will set new benchmarks for budget travel Gas is the way forward Breaththrough in malaria control Reliance’s TV – 18 ready to launch Tamil News Channel Which side are you, Montek? Bihar elections - the Rajaji formula worked Robber barons everywhere Diamond jubilee of Egmore Samskrt School Sri Lanka votes for change Like Hinduism: many paths to reach God... Funding the un-funded Building loyalty through the stomach Dr C Rangarajan returns to Chennai More Shakti to resource mobilisation... Protest masters... For whom the MIDS bell tolls? Of course, Gujarat is vibrant Mersal magnified Cement prices continue to rise… Where a state respects its litterateurs… Vibrant Gujarat A proud Madrasi Excel Generators provide the vital back-up Focus on quality of power - its only around 170-180V Limit foreign borrowings to hi-tech, export potential projects... Multi-faceted Venkat Shaming of Tamils by Tamil farmers at Delhi Noble nonagenarians... The why of tax incentives F C Kohli - his concerns all embracing Cleaning Ganga – relocate tanneries and install electric crematoria No Maha Koottani in TN... This scant respect for Law WTO Meet: resolved to meet again PPP mode for upgrading Corporation Hospitals GNS - 100: our first subscriber Inflation: are we emulating Argentina and Brazil? Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Sweeter prospects for sugar Should we change the official year? S Ramanathan – a versatile musician, musicologist A think tank for Chennai An informal presentation - analytical, forward locking... Discoms deserve better… L&T: focus on infrastructure and more infrastructure… Waning interest in public discussions… TN accounts for the largest recruits by the IT sector A welcome initiative by the judiciary to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines The few handicaps... Where is Rajaji? Polls and promises A friendly business group Align crops to agro climate endowments… Alexa – Talking Wikipedia L&T- the specialty of special purpose vehicles IPL type auction for VCs? Why land prices zoom in TN? All eyes on Sankara Nethralaya TGS- The king storyteller The Jan Dhan bonanza Lesson from Chandrababu Naidu Maximising the micro pricing … S V Raju – a ‘good’ true liberal Small units prefers to remain small... Tribute – M V Murugappan Tribute – Manikam Ramaswami Engineering seats go abegging Medical costs hit the roof... Eternal support for capitalisation of PS banks Delhi returns to BJP Telangana in top gear… Delhi is distant… Come elections, come advertisements... Modi storms Silicon Valley Padma Bhushan for A Ramakrishna When small is no larger beautiful.. Tatas moving out of urea production... TELANGANA at last…BUT Delhi is distant Tribute Scientists urged to take up farmer-oriented research Make standards certification mandatory... Computation of GDP – conundrums continue CSR and CMI: promise of another Srinivasan Ramanujan... Banning booze... When TN politicians can emulate Kerala's Tough task taking states together Music happens IAS invades NDDB... Tihar, Puzhal not different from Parappana Agrahara China invests in India Quality silica from Neyveli Cutting the nose to spite the face For whom the bell tolls? The brown list of Venkitaramanan The rise and rise of KCP The Gulf aviation boom The power-full Hindujas An enemy’s enemy is a friend GM Technology at last! When nations steal growth from one another… Tax agriculture Contrarian cousins Editor's Says No engine for this car Welcome GST Making ‘my Amaravati’... Russi Mody – a tribute The nuclear option More Shakthi to Das’ elbow Kudos to NDTV... Shale gas and its shallow future Don’t seem to feel the pulse… Silver Years of Madras Musings There was flood of milk. Reason: no milk commissioner! Adharma of opposition politics Roaring Ro-Ro facility Strengthen the base... Valli, they are more marginalised Preserving for the future Insurance companies bleeding, yet no decision on increasing FDI limit! Fuel for thought B H Kothari - a tribute Not just in-laws (and outlaws); they’ve renowned academics at the helm! No mega rail project for Tamil Nadu TIAM turns a full cycle Auto components surge… Intellectual of rare qualities The Swadeshi Trump More tributes to GR Streamlining mandatory third party cover Shanti and Sadhana through Music The ‘Ayyo-yes’ is no more A Grand Finale for SN’s MS centenary at the US… The Ports’ Pasha expands into Tamil Nadu He continues the focus on social amelioration Rs.1600 crore paper board plant of TNPL Editor's Notes
Auto components surge…

Arvind Balaji, President of the Automobile Component Manufacturer’s Association (ACMA) is happy over the record performance of the auto components sector. The total value of auto components produced during last year has been estimated at Rs 2.55 lakh crore. The industry has earned an export income of Rs 70,900 crore. A large number of auto component manufacturers have been enjoying a boom in exports aided by the steep depreciation in the value of the rupee against the dollar. Many of these have also invested handsome amounts on expanding capacity and also going for sophisticated manufacturing facilities to cater to markets in the US, Europe and elsewhere.

However, a matter for concern is the continuous large imports of auto components estimated at Rs 90,600 crore during last year, in spite of the big progress claimed by the sector. The Department

of Industrial Policy and Promotion should look at closely into bridging this gap by providing facilities for creating capacities in areas to meet local demand.


Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236