Sunday, June 28, 2020

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
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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...