Auto component industry clocks $56.5-bn topline in FY22, aims for enhanced focus on EV parts - Moneycontrol

Growth came on the back of a slew of regulatory steps and value-addition done by the industry, say experts. The industry is evolving with the times.

Despite being hamstrung by shortage of semiconductors and surging input costs, the turnover of the automotive components industry witnessed a 23 percent growth at Rs 4.20 lakh crore ($56.5 billion, a… [+5746 chars]

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