Try GOLD - Free
India's auto component industry to hit USD145 billion by 2030
The Sunday Guardian
|April 13, 2025
India's top policy think tank body NITI Aayog has envisioned the country's automotive component production growing to USD 145 billion by 2030, with exports tripling from USD 20 billion to USD 60 billion.
-
"NITI Aayog's vision for India's automotive sector by 2030 is ambitious yet achievable."
The report envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion," the think tank body added in a release.
NITI Aayog has released an insightful report titled "Automotive Industry: Powering India's Participation in Global Value Chains".
This report offers an extensive analysis of India's automotive sector, highlighting both opportunities and challenges, and outlining a pathway for positioning India as a key player in global automotive markets.
NITI Aayog's report outlines several strategic fiscal and non-fiscal interventions aimed at enhancing India's global competitiveness in the automotive sector.
This story is from the April 13, 2025 edition of The Sunday Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Sunday Guardian
The Sunday Guardian
STRATEGIC AUTARKY FOR THE AI AGE
Balancing sovereignty and innovation becomes the central task. India cannot afford to remain dependent, but it also cannot smother its own technological growth. India’s new AI Governance Framework addresses this balance directly.
4 mins
November 16, 2025
The Sunday Guardian
SMOG SHROUDS DELHI MORNING
NEW DELHI: Delhi woke up to a dense smog layer on Saturday as the Air Quality Index (AQI) touched 386, remaining in the 'very poor' category.
1 min
November 16, 2025
The Sunday Guardian
TRANSPARENCY AND TRUMP
Republican members of the US Congress, including both the House of Representatives and the Senate, will face a test of their commitment to the transparency that is so much a part of a genuine democracy.
3 mins
November 16, 2025
The Sunday Guardian
LALU DAUGHTER QUITS POLITICS
Patna: Former Bihar Chief Minister Lalu Prasad Yadav's daughter Rohini Acharya on Saturday announced she was quitting politics and \"disowning\" her family after the RJD's crushing defeat in the Bihar assembly polls.
1 min
November 16, 2025
The Sunday Guardian
NINE KILLED, 27 INJURED AT J&K POLICE STATION
What began as a meticulous examination of seized explosives turned into one of the darkest nights for the Jammu and Kashmir Police, as an accidental blast ripped through the Nowgam Police Station late last night, killing nine people and injuring 27 others.
1 min
November 16, 2025
The Sunday Guardian
China’s malign influence at the United Nations
Over the last decade, Chinese diplomats have pursued a systematic campaign to place loyal nationals in senior UN posts, leveraging financial contributions, vote trading, and bilateral pressure.
3 mins
November 16, 2025
The Sunday Guardian
Govt invests Rs 257 cr in startups via EDF
The central government has so far supported as many as 128 startups nationwide with an investment of Rs 25777 crore under the Electronics Development Fund (EDF).
1 min
November 16, 2025
The Sunday Guardian
NDA TURNED A TIGHT BIHAR CONTEST INTO A SWEEP
Until the mid-point of campaigning, both alliances privately believed the race could go either way. But then Nitish Kumar intensified his outreach, women voters began consolidating, welfare benefits visibly hit the ground, and the caste arithmetic stabilised with the return of Paswan, Kushwaha and Manjhi.
5 mins
November 16, 2025
The Sunday Guardian
IB failed to detect Red Fort blast module for more than a year
The unmasking of the terror cell was not the result of proactive intelligence but a mere 'chance investigation'.
2 mins
November 16, 2025
The Sunday Guardian
PM’s call to sing Vande Mataram is an invitation, not an imposition
PM's initiative was not about rewriting history but reopening it so that Indians can decide for themselves what their heritage means. That is democracy at its purest essence.
5 mins
November 16, 2025
Listen
Translate
Change font size