Auto Components industry turnover to reach US$ 200 bn by 2026

US$ 300 billion

Value of the Auto Components industry


Contribution to GDP

US$ 80.8 Billion

Size of Indian Original Equipments Manufacturers ( OEMs)

5 mn

Direct & indirect employment


foreign investment allowed under the automatic route.

US$ 300 billion

of auto-components exports targeted by industry by 2026.


of global engineering and R&D activities are located in India.

US$ 35.40 billion

FDI inflow into Indian automotive industry during the period Apr 2000-Sept 2023


growing capacity in electric mobility offers opportunities.

Automotive Component Manufacturers Association

080 2570 2855

Visit Website

An apex body representing the interests of the industry.

Automotive Research Association of India


Visit Website

Research institute of the automotive industry with the Ministry of Heavy Industries & Public Enterprises.

Society of Indian Automobile Manufacturers

91 – 11 – 24647810 -12,

Visit Website

Industry body representing the interests of automobile manufacturers.

Investment Opportunities

  • Auto Components industry in India is expected to grow to $200 Bn by 2026
  • India is the only major automobile producing nation that is witnessing steady growth in both domestic sales and exports.
  • R&D in battery technology, power electronics, motors, systems integration, battery management system and testing infrastructure.
  • PPP based industry investments in research and development of commercially viable technologies through a Hybrid Annuity Model.

Key Investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments


India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments


Indian auto industry to reach US$ 300 bn by 2026

May 1, 2024

India’s automotive market is on track to hit a significant …

Read More

Elon Musk to visit India to unveil EV plans

April 11, 2024

Tesla’s Elon Musk is set to come to India to …

Read More

Chinese automakers may be interested in India’s EV push

March 26, 2024

By virtue of India’s decarbonisation efforts and consequent thrust towards …

Read More