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ACMA Automechanika 2024 concludes on a high note; global aftermarket presents USD 35 bn exports opportunity: ACMA-EY Study, ET Auto

ACMA Automechanika 2024: Featuring 1500+ product categories across 10 segments, the Automechanika provided a comprehensive platform for automotive wholesalers, distributors, and traders. Indian automotive aftermarket expected to reach USD14 billion by 2028.

Indian Automotive Component Industry Set to Reach $14 Billion by 2028

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)

Global automotive aftermarket presents over $35 billion exports opportunity: ACMA

Global automotive aftermarket presents over $35 billion exports opportunity: ACMA
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Efforts to boost localisation adding on to revenue of component firms

An increase in value of sales of components sold to automakers, aided by the shift in consumer preference to larger, more powerful vehicles across segments helped drive up revenues by 6.5% till September FY24, shows data available with industry body Automotive Component Manufacturers Association (ACMA).

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