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Auto Component Industry: Auto component industry reports highest turnover in FY23; aims to log double-digit growth this fiscal

The aftermarket, estimated at Rs 85,333 crore also witnessed a steady growth of 15 per cent while component sales to OEMs in the domestic market grew by 39.5 per cent to Rs 4.76 lakh crore, the Automotive Component Manufacturers Association (ACMA) said.

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