India’s auto ancillary industry is projected to grow 8–9% in FY27, reaching ₹10.68 lakh crore, CareEdge Ratings said. Strong OEM demand, localisation, exports and rising component content are driving growth. The shift toward EVs, advanced electronics and cleaner mobility is creating new opportunities, while exports could reach ₹2.3 lakh crore.
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India’s Auto Components Sector Set For Strong FY27 Growth
