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Indian auto component industry grows 32.8% in FY 2022-23

Sales to OEMs grows 39.5% on back of strong growth in vehicle sales

Auto component industry gears up for big shift to EVs

When electric vehicles (EV) become more and more popular can the automotive component industry be far behind? Auto component makers in India are bracing for change.

Auto component industry turnover down by 11.7 per cent in FY 2019-20

The turnover of the automotive component industry stood at Rs 3.49 lakh crore ($49.2 billion) for the period April 2019 to March 2020, registering a de-growth of 11.7 per cent over the previous year

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