US Accounts For 26% Of India's Auto Component Exports In FY26: ACMA
New Delhi, July 8 -- The United States remained the largest export market for Indian auto components in FY26, accounting for 26 percent of total overseas shipments, despite ongoing trade tensions and a US investigation into the sector, according to the Automotive Component Manufacturers Association (ACMA).
US Retains Position as Top Export Market
India's auto component exports grew 5 percent year-on-year to USD 24 billion in FY26. Germany and Thailand were the second and third largest export destinations, accounting for 9 percent and 4 percent of exports, respectively.
The export performance comes amid a Section 301 investigation by the Office of the United States Trade Representative (USTR) into alleged unfair trade practices by 16 co...
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