Auto Bytes- October 2021

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Can India’s Auto Inc delink from imports completely to be Aatmanirbhar /self-reliant?

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.