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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 Indian labor laws are robust and child labor is absent. The industry body also refutes claims of receiving government subsidies for excess capacity. Despite current tariffs, Indian auto component exports to the US have remained consistent.
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economictimes.indiatimes.com
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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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India's auto parts exports to US remain strong despite tariff tensions
The United States remains India's largest auto parts export market, accounting for twenty-six percent of shipments. India's auto component exports grew five percent to twenty-four…
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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…