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Auto parts industry grew 11.3% to ₹3.32L cr in H1
The New Indian Express Kozhikode
|December 13, 2024
THE turnover of India's automotive component industry reached ₹3.32 lakh crore ($39.6 bn) during April to September 2024 (H1FY25), reflecting an 11.3% growth compared to the same period last year, as per the Automotive Component Manufacturers Association of India (ACMA).
Exports of auto components rose by 7% to $11.1 billion (₹93,340 cr), while imports rose by 4% to $11 billion (₹92,050 cr), resulting in a trade surplus of $150 million.
China, despite strained relations with India in recent years, continued to dominate as the largest source of imports, accounting for 28% of India's total auto component imports.
यह कहानी The New Indian Express Kozhikode के December 13, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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