India's auto component industry to hit USD 145 billion by 2030, exports to triple: NITI Aayog

NITI Aayog envisions India's automotive component production soaring to USD 145 billion by 2030, with exports tripling to USD 60 billion. A new report analyzes the sector, highlighting opportunities and challenges to enhance India's global competitiveness. Strategic fiscal and non-fiscal interventions are suggested to boost India's role in global automotive markets.

from Auto-Industry-Economic Times https://ift.tt/18KiL3R