Mumbai, April 1 -- Avendus Capital has released a report on the Indian auto component industry, identifying a structural shift in global supply chains. The study projects that India's automotive metal forming market - comprising casting, forging, stamping, and machining - will grow at a 12 percent CAGR to reach USD 90-95 billion by FY2030.

The report indicates that value within the global automotive supply chain is shifting toward process specialists rather than diversified product suppliers. These specialists rely on metallurgical expertise and precision tooling, creating high entry barriers.

The Indian auto component sector surpassed USD 80 billion in FY2025. India has transitioned to a net exporter, with exports reaching approximatel...