Auto Bytes- October 2021

Indian auto industry is working to become self-reliant and currently possesses a competitive advantage. The country has an immense potential as a thriving international market for high quality vehicles and its components. Given a conducive manufacturing ecosystem is created in India, the indigenous products will be able to integrate with global supply chains.

Key Highlights:

• Current Indian import-export landscape
• Value of automobile components imported into India and reasons for its decline
• India’s share in the global exports market for auto components
• Our view on auto industry’s aim to become self-reliant

Read more about three pillars have been identified that will allow Indian auto sector to become Aatmanirbhar.