COMPONENTS

Indian Auto Component Sector nearly doubles in 5 years, hits ₹6.73 lakh crore turnover in FY25

The Automotive Component Manufacturers Association of India (ACMA) – the apex body representing India’s auto component manufacturing industry – has released the findings of its Industry Performance Review for FY2024–25. According to the report, the Indian auto component industry recorded a turnover of ₹6.73 lakh crore (USD 80.2 billion), reflecting a year-on-year growth of 9.6%. […]