Archive · 13 Sep 2025
India's Auto Sector Aims for $200 Billion by 2030
Imagine India's auto parts industry is like a big team.
This team wants to grow and become even better.
They are aiming to reach $200 billion by 2030!
They are working to make sure they can get all the materials they need, especially things like rare earth metals and semiconductors.
They want to make sure they can still do well even if the world changes.
They also want to be good at making both regular car parts and parts for electric cars.
India's auto component sector aims to become a global mobility hub by 2030.
The industry is currently valued at $80 billion.
Exports from the sector crossed $23 billion.
The ACMA-McKinsey study projects a $200 billion industry by 2030.
Challenges include geopolitical volatility, tariffs, and securing raw materials.
- Who
- Leaders and policymakers in India's auto component sector.
- What
- Discussing growth, challenges, and strategies for the automotive component sector.
- When
- At the 65th Annual Session of ACMA.
- Where
- New Delhi.
- Why
- To build a resilient and competitive automotive supply chain and achieve a $200 billion industry by 2030.
- Industry Value (FY25)
- $80 Billion
- Projected Industry Value (2030)
- $200 Billion
- Focus
- Automotive Component Manufacturing
- Event
- 65th ACMA Annual Session
- Location
- New Delhi