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The Economic Times
The Economic Times
Business

Auto components industry expected to grow 8-10% in FY27: ACMA

ACMA United States India Deficit

New Delhi: The Indian automotive components sector is expected to grow around 8-10 per cent in the current fiscal, driven by domestic demand and robust exports despite geopolitical headwinds, industry body ACMA said on Tuesday.

The industry recorded a turnover of Rs 7.60 lakh crore (USD 85.9 billion), registering a growth of 12.7 per cent in rupee terms over the previous fiscal, Automotive Component Manufacturers Association of India (ACMA) said. ​

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