Auto component industry should aim for 5 pc of global trade in 5 yrs; govt support crucial: ACMA

In 2018-19, the Indian auto component industry's revenue stood at USD 57 billion, contributing 2.3 per cent to the country's gross domestic product. In comparison, turnover of Chinese auto component industry stood at USD 550 billion last year.

from Auto-Industry-Economic Times https://ift.tt/3dHIcDN