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Avendus Capital report highlights metal forming growth in auto sector
India’s auto component industry is shifting toward process-led manufacturing, with metal forming expected to grow at ~12 per cent CAGR to $90–95 billion by FY30.Read more
Steep US tariffs put Indian auto-component exporters at risk: Sruthi Thomas
The Indian auto-component sector is expected to continue its growth trajectory over the near to medium term, given underlying tailwinds.Read more
Indian auto component exports at risk amid UAW Strike in the US
Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more
For the first time India’s auto component exports exceed imports
The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more
