India's Auto Component Industry Targets USD 200 Bn Turnover by FY30 Amid Rising Risks: BCG-ACMA

India's Auto Component Industry Targets USD 200 Bn Turnover by FY30 Amid Rising Risks: BCG-ACMA

Get latest articles and stories on Business at LatestLY. India's auto component industry is targeting nearly $200 billion (Rs 17.6 lakh crore) in turnover by FY30, but achieving the ambition will require companies to build greater resilience against raw material and energy costs, labour shortages and demand volatility, a joint report by Boston Consulting Group and Automotive Component Manufacturers Association of India (BCG-ACMA) said. Business …

ACMA Mobility Foundation’s 66th Annual Session Charts India’s Auto Component Industry’s Path ‘Beyond Resilience’

Industry targets $200 billion by 2030 as OEM supplies grow 16.3%, exports reach $24 billion and battery localisation accelerates The Automotive Component Manufacturers Association of India (ACMA) Mobility Foundation today hosted its 66th Annual General Meeting under the theme “Beyond Resilience”, bringing together policymakers, automotive industry leaders, global stakeholders and thought leaders to discuss the […]

ACMA Annual Session: Auto Component Industry targets $200 billion by 2030

The Automotive Component Manufacturers Association of India (ACMA) Mobility Foundation hosted its 66th Annual General Meeting under the theme “Beyond Resilience,” bringing together policymakers, industry leaders, global stakeholders and technology experts to discuss the next phase of growth for India’s automotive component industry. With the sector targeting a landmark $200 billion valuation by 2030, discussions […] The post ACMA Annual Session:…

India’s auto‑component industry should build resilience as it eyes $200 billion by FY30: Report

New Delhi, Sep 2 (IANS) India’s auto‑component industry has grown at a 17 per cent compound annual growth rate to reach $86 billion in FY26 and is targeting roughly $200… Continue reading India’s auto‑component industry should build resilience as it eyes $200 billion by FY30: Report The post India’s auto‑component industry should build resilience as it eyes $200 billion by FY30: Report first appeared on Australia India News.