Indian auto component industry grows to Rs 1.96 lakh crore in H1: ACMA
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India`s auto component manufacturing industry, on Tuesday announced that the turnover of the industry stood at Rs 1.96 lakh crore for the period April 2021 to September 2021, registering a growth of 65 per cent over the first half of the previous year.
Exports of auto components grew by 76 per cent to Rs 68,746 crore in the first half of 2021-22 from Rs 39,003 crore in the first half of 2020-21. Pic: Reuters