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Indian Auto Components Market

Indian Auto Components market is expected to foresee significant growth. Supplies to OEMs would be the major driver for the market!

Indian Auto Components Market is expected to grow at a CAGR of around 20.3% during the forecast period 2021-2027. The market stood at US$56.5 billion in 2019 and witnessed a decline of almost 11% during 2020, owing to the Covid-19 pandemic. Indian auto component sector generated revenue of US$ 39 billion in 2016 and reached US$ 57 billion in 2019. …

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