Trade Analytics

Auto Components Industry in India

Latest update: February, 2017

  • India’s exports of auto components increased at a CAGR of 11.31 per cent, during FY09-FY16, with the value of auto component exports increasing from US$ 5.1 billion in FY09 to US$ 10.8 billion in FY16.
  • Europe accounted for a volume share of 36 per cent during FY16 in Indian auto component exports followed by Asia and North America with 25 per cent each in same year.
Domestic market potential
Export market potential

 

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India is a great test in terms of competitiveness…I'm a big admirer of engineering in India because Indians have a particular skill and gift in frugal engineering.

Carlos Ghosn
Group CEO,Renault-Nissan Alliance