Saturday, September 5, 2026

Electronics to make up 50-55% of car cost by 2030, signalling major localisation opportunity: BCG-ACMA

Electronics will form over half of a car's cost by 2030. This presents a significant opportunity for Indian auto component makers. Vehicles are increasingly electronic, requiring new component capabilities. Indian suppliers can build expertise in sensors and control units. This shift offers substantial localization and growth potential for the industry.

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

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