Domestic Strength Powers Industry Turnover
The Automotive Component Manufacturers Association of India (ACMA) reveals 6.8% year-on-year growth for the auto components sector, reaching Rs 3.56 lakh crore (USD 41.2 billion) in April-September 2025. Supplies to OEMs climbed 7.3% to Rs 3.04 lakh crore, fueled by passenger vehicles and light commercial vehicles. Aftermarket sales expanded robustly by 9% to Rs 53,160 crore, supported by vehicle parc growth and organised channels.
Exports Rise Despite Global Headwinds
Auto component exports increased 9.3% to USD 12.1 billion, with the US and Germany as top markets, even as imports rose 12.5% to USD 12.3 billion—flipping prior surplus to a USD 180 million deficit. ACMA credits localisation, capacity upgrades, and technology investments for resilience against supply disruptions and raw material costs. Electric vehicles comprised 4.6% of OEM supplies.
Outlook Boosted by Policy Measures
ACMA President Vikrampati Singhania anticipates H2 gains from GST reductions on vehicles, seasonal demand, and infrastructure activity. Director General Vinnie Mehta highlights ecosystem strength, while President-Designate Sriram Viji stresses supply chain fixes for rare-earth magnets. Tractors and commercial vehicles eye recovery.
