Transcription of AUTO COMPONENTS - ibef.org
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AUTO COMPONENTS - ibef.org
For updated information, please visit November 2018 AUTO COMPONENTS Table of Content Executive Advantage Market Recent Trends and Growth Key Industry Useful For updated information, please visit Auto COMPONENTS 3 EXECUTIVE SUMMARY Source: ACMA, Make in India, News Articles Over the last decade, the automotive COMPONENTS industry has registered a CAGR of per cent and has reached to US$ billion in 2017-18 while exports have grown at a CAGR of per cent to US$ billion. Robust growth The growth of global OEM sourcing from India & the increased indigenisation of global OEMs is turning the country into a preferable designing and manufacturing base.
3 Auto components For updated information, please visit www.ibef.org EXECUTIVE SUMMARY Source: ACMA, Make in India, News Articles Over the last decade, the automotive components industry has registered a CAGR of 6.83 per cent and has reached to US$ 51.20 billion in 2017-18 while exports have grown at a CAGR of 11.42 per cent to US$ 13.5
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