automotive component manufacturers association Archives

China Plus One: Auto industry to invest $7 bn in 5 years to deepen parts localisation

China Plus One: Auto industry to invest bn in 5 years to deepen parts localisation

Indian auto industry is set to invest up to $7 billion, or about Rs 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions …

auto component industry: Auto parts sales rise 6.5% in H1 as buyers turn to feature-rich vehicles

by Juhani Aho

Indians’ love for larger, feature-rich vehicles, coupled with a concerted push to deepen local content, is turning into a boon for auto parts makers with domestic component sales rising 6.5%, …