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Auto components industry expected to grow 8-10% in FY27: ACMA
Experts predict an 8-10 percent growth for India's auto component sector this fiscal year, riding on robust domestic demand and export performance. However, the industry faces challenges, including a trade deficit driven by higher imports of electronics and EV components, as well as labor shortages affecting small to medium enterprises. Still, the long-term outlook of the sector is hopeful.
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hindustantimes.com
Auto OEMs may face pressure on profit in H1 FY27 despite strong demand: Report
The auto industry is expecting the growth momentum to continue in the H1 FY27, while the auto OEMs are likely to see pressure on profit margins.
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economictimes.indiatimes.com
India's auto component sector grows 12.7% in FY26, but imports outpace exports: ACMA
India's auto component industry saw strong growth in FY26, driven by OEM supplies and aftermarket expansion. Exports increased by five percent, while imports rose thirteen…
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thehindubusinessline.com
Auto components sector records turnover of ₹7.60 lakh crore in FY2025-26
The Indian auto components sector achieves Rs. 7.60 lakh crore turnover in FY2025-26, with projected growth of 8-10%.
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Auto components industry expected to grow 8-10% in FY27: ACMA
Experts predict an 8-10 percent growth for India's auto component sector this fiscal year, riding on robust domestic demand and export performance. However, the industry faces…
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ACMA banks on govt to work out best tariff deal with US for auto components sector
India's auto components sector hopes for a favorable trade deal with the United States. The US is investigating Indian imports over labor and subsidy concerns. ACMA asserts that…
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China's share in India's auto component imports rises to 36% in FY26: ACMA
China accounted for 36% of India's auto component imports in FY26 as the sector grew 12.7% to ₹7.60 lakh crore, according to ACMA.
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Auto component industry grows 12.7%; ACMA to adopt lessons from China, banks on India-US deal
India's auto component industry recorded 12.7% growth in FY26, with turnover reaching ₹7.6 lakh crore and exports touching USD 24 billion. ACMA says the industry is drawing…