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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 lessons from China's manufacturing ecosystem in automation, EV technologies and battery supply chains while banking on upcoming FTAs and a favourable India-US trade deal to sustain growth. Despite tariff challenges and the West Asia crisis, exports to the US remained resilient as the industry prepares for its next phase of expansion.
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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%.
