ACMA Expects Component Industry To Clock 10% Growth In FY2027, Outlook Remains Positive
Mumbai, July 7 -- The Indian automotive component industry has delivered another strong performance in FY2026, reinforcing its position as a critical pillar of the country's auto ecosystem and a growing player in global value chains.
According to the Automotive Component Manufacturers Association of India (ACMA), the sector recorded sales of USD 85.9 billion (INR 7,600 billion), marking a healthy 12.7 percent YoY growth. Supply to original equipment manufacturers (OEMs) grew even faster at 16.3 percent, driven by commercial vehicles (13%), two-wheelers (12%) and passenger vehicles (10%). The aftermarket segment expanded by 9 percent, supported by a rising vehicle population and increasing market formalisation.
Exports grew modestly by 5...
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