The India Auto Parts Industry has emerged as one of the strongest pillars of the country’s economy, serving both domestic and international automotive markets. This industry is deeply integrated into the vehicle manufacturing ecosystem, supporting every stage of production from engines and transmissions to electricals, body parts, and aftermarket components. With India being one of...
Overview
The global Auto Parts Market is experiencing significant growth, driven by advancements in automotive technology, increasing vehicle production, and a rising demand for vehicle customization and maintenance. According to Market Research Future, the market was valued at USD 744.40 billion in 2024 and is projected to reach USD 1,413.39 billion by 2035, growing at a CAGR of 6.00% from...