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Indian Auto Component Aftermarket Set To Hit 14 Bn By 2028 Report - BW Businessworld

With a current valuation of USD 10 billion in 2023, the Indian automotive aftermarket anticipates a substantial surge in the next five years , , auto industry, Automotive Component Manufacturers Association of India (ACMA)

Auto component industry looks to invest $7 billion over next 5 years to expand capacity, upgrade tech

Auto component industry looks to invest $7 billion over next 5 years to expand capacity, upgrade tech
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Vietnam eyes FDI attraction opportunities | Business | Vietnam+ (VietnamPlus)

Car parts exports exceed imports

Car parts exports exceed imports The sector saw a contraction of 34% in the first half of financial year with a turnover of Rs 1.19 lakh crore The industry for car parts suffered a contraction in the first half of the fiscal even as exports outstripped imports for the first time though both reported a falling turnover. The industry witnessed a contraction of 34 per cent in the first half of the current financial year with a turnover of Rs 1.19 lakh crore compared with Rs 1.82 lakh crore in the corresponding period a year ago.  This was revealed in the industry performance review conducted by the Automotive Component Manufacturers Association of India (Acma), the apex body of the  industry.

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