The annual report summarizes the activities of the Automotive Component Manufacturers Association of India (ACMA) for the year 2011-12. It discusses the challenges faced by the auto component industry such as high interest rates, inflation, and economic uncertainty. While industry growth was modest at 13%, exports grew significantly at 31%. ACMA focused on promoting the industry through international trade missions, participation in auto shows, and partnerships. It also worked on initiatives related to technology, quality, skills development, and engaging with the government on policies to support the industry. The President's message covers ACMA's activities and priorities for addressing issues and realizing opportunities to strengthen the auto component manufacturing industry in India.