India's auto parts industry to clock 10% annual growth on semiconductor, defence, EV push: Goldman Sachs

India's auto parts sector will grow ten percent annually through fiscal year thirty. Diversification into semiconductors and defence will fuel this expansion. EBITDA is projected to increase fifteen percent compounded annually. Global supply chain shifts offer new opportunities for Indian manufacturers. Revenue is expected to reach over one hundred twenty-four billion dollars by fiscal year thirty.

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