The Indian auto components sector is banking on the government to "work out the best deal" in the trade negotiations with the US, which is investigating imports of all items from India over labour issues and subsidy-induced excess capacity, industry body ACMA said on Tuesday.
The US is India's largest export market for auto components, accounting for 26 per cent of the country's total exports in FY26. In the last fiscal, India's total auto components exports rose 5 per cent to USD 24 billion (Rs 2,12,176 crore), Automotive Component Manufacturers Association of India (ACMA) said.
