{"id":6624,"date":"2026-06-29T12:02:32","date_gmt":"2026-06-29T06:32:32","guid":{"rendered":"https:\/\/bdbipl.com\/?p=6624"},"modified":"2026-06-29T12:03:11","modified_gmt":"2026-06-29T06:33:11","slug":"indias-auto-component-industry","status":"publish","type":"post","link":"https:\/\/bdbipl.com\/index.php\/indias-auto-component-industry\/","title":{"rendered":"India&#8217;s Auto Component Industry"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>India&#8217;s Auto Component Industry<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Can It Move Up the Global Value Chain?<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"781\" height=\"64\" data-src=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image.png\" alt=\"\" class=\"wp-image-6625 lazyload\" data-srcset=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image.png 781w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-300x25.png 300w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-768x63.png 768w\" data-sizes=\"(max-width: 781px) 100vw, 781px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 781px; --smush-placeholder-aspect-ratio: 781\/64;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">INDUSTRY AT A GLANCE<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"780\" height=\"340\" data-src=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-1.png\" alt=\"\" class=\"wp-image-6626 lazyload\" data-srcset=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-1.png 780w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-1-300x131.png 300w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-1-768x335.png 768w\" data-sizes=\"(max-width: 780px) 100vw, 780px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 780px; --smush-placeholder-aspect-ratio: 780\/340;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">REVENUE GROWTH TRAJECTORY<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>~14%<\/strong><\/td><td><strong>CAGR FY20-FY25<\/strong><\/td><\/tr><tr><td><strong>6.8%<\/strong><\/td><td><strong>Growth in H1 FY26<\/strong><\/td><\/tr><tr><td><strong>10%<\/strong><\/td><td><strong>5yr sector CAGR<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">INDIA&#8217;S SHARE IN THE $700B GLOBAL COMPONENT MARKET<\/h2>\n\n\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"346\" height=\"349\" data-src=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-2.png\" alt=\"\" class=\"wp-image-6627 lazyload\" data-srcset=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-2.png 346w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-2-297x300.png 297w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-2-150x150.png 150w\" data-sizes=\"(max-width: 346px) 100vw, 346px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 346px; --smush-placeholder-aspect-ratio: 346\/349;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">EXPORT PERFORMANCE &amp; MARKET DESTINATIONS<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"283\" height=\"290\" data-src=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-4.png\" alt=\"\" class=\"wp-image-6629 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 283px; --smush-placeholder-aspect-ratio: 283\/290;\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"468\" height=\"295\" data-src=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-5.png\" alt=\"\" class=\"wp-image-6630 lazyload\" data-srcset=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-5.png 468w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-5-300x189.png 300w\" data-sizes=\"(max-width: 468px) 100vw, 468px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 468px; --smush-placeholder-aspect-ratio: 468\/295;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">&nbsp;<strong>WHAT COULD GO WRONG?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>RISK<\/strong><strong><\/strong><strong>&nbsp;<\/strong>Slow EV adoption China price dumpingWeak semiconductor ecosystem Rare-earth dependency Delayed FTAsTechnology gap persists &nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>POTENTIAL IMPACT<\/strong><strong><\/strong><strong>&nbsp;<\/strong>Delays localisation and investment returns Margin pressure on Indian manufacturers Limits electronics value captureEV supply-chain vulnerabilityWeakens export competitiveness India remains low-value assembly hub &nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><a><\/a><strong>THE CHINA+1 MOMENT IS RESHAPING AUTOMOTIVE MANUFACTURING<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>RISK<\/strong><\/td><td><strong>POTENTIAL IMPACT<\/strong><\/td><\/tr><tr><td>Slow EV adoption<\/td><td>Delays localisation and investment returns<\/td><\/tr><tr><td>China price dumping<\/td><td>Margin pressure on Indian manufacturers<\/td><\/tr><tr><td>Weak semiconductor ecosystem<\/td><td>Limits electronics value capture<\/td><\/tr><tr><td>Rare-earth dependency<\/td><td>EV supply-chain vulnerability<\/td><\/tr><tr><td>Delayed FTAs<\/td><td>Weakens export competitiveness<\/td><\/tr><tr><td>Technology gap persists<\/td><td>India remains low-value assembly hub<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>US TARIFF IMPACT: THE $6B QUESTION<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In February 2025, the United States imposed a 25% tariff on the steel and aluminium content of automotive components, marking a significant increase in trade barriers for the sector. The scope of these measures expanded in March 2025 with the introduction of a 25% tariff on key automotive assemblies, including engines, transmissions, powertrain systems, and electrical components. In April 2025, a 26% reciprocal tariff on imports from India was announced; however, its implementation was partially deferred through a 90-day pause, during which a 10% ad valorem tariff remained in effect. Trade pressures intensified further in August 2025 when an additional 25% penalty tariff was imposed in response to India&#8217;s engagements with Russia, raising the effective tariff burden to as much as 50% for certain product categories. Greater clarity emerged in November 2025, when regulatory guidance standardized most affected categories under a uniform 25% U.S. tariff rate. More recently, the proposal in February 2026 to reduce the reciprocal tariff to 18% has been viewed as an encouraging development, signaling the potential for a more favorable trade environment and improved export competitiveness in the second half of FY26.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"453\" height=\"414\" data-src=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-3.png\" alt=\"\" class=\"wp-image-6628 lazyload\" data-srcset=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-3.png 453w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-3-300x274.png 300w\" data-sizes=\"(max-width: 453px) 100vw, 453px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 453px; --smush-placeholder-aspect-ratio: 453\/414;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">EV TRANSITION: DISRUPTION &amp; OPPORTUNITY<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><a><\/a><strong>480K<\/strong><\/td><td>EV units sold India 2025<\/td><\/tr><tr><td><strong>3M+<\/strong><\/td><td>Projected EV units by 2035<\/td><\/tr><tr><td><strong>29,151<\/strong><\/td><td>Public charging stations Q3 FY25 (+78% CAGR)<\/td><\/tr><tr><td><strong>$7B<\/strong><\/td><td>Planned EV component localisation by FY2<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>AT RISK &#8211; ICE-Dependent Suppliers<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Engine &amp; transmission component makers face existential risk as EV penetration rises<\/li>\n\n\n\n<li>India&#8217;s global share in drive transmission is only 2-4% low base to pivot from Over-reliance on CKD\/SKD assembly models limits technology absorption 65% of component export basket goes to ICE-dependent OEM platforms<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OPPORTUNITY &#8211; EV Component Growth<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Li-ion batteries, traction motors, BMS, power electronics, high-value segments to capture<\/li>\n\n\n\n<li>Wiring harnesses for EVs already a strength, low-voltage electronics growing fast<\/li>\n\n\n\n<li>PLI-backed $7B localisation plan targets battery cell manufacturing by FY28<\/li>\n\n\n\n<li>India&#8217;s EV market 6\u00d7 growth projected by 2035, massive domestic pull factor<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The China+1 Moment Is Reshaping Automotive Manufacturing<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>China+1 Diversification Is Accelerating<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Global OEMs reducing dependence on China due to:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; trade tensions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; geopolitical risks<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; supply-chain disruptions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; rising Chinese labour costs<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Why India Is Benefiting?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Large domestic auto market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Low-cost engineering talent<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Policy support (PLI, PM E-Drive)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Growing manufacturing ecosystem<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Lower geopolitical risk perception<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>STRUCTURAL BARRIERS TO VALUE CHAIN ASCENT<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Cost Competitiveness Gap (~10% cost disadvantage vs. China)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Energy costs 15-20% higher than Chinese competitors<\/li>\n\n\n\n<li>Logistics inefficiencies add ~3-5% to total cost<\/li>\n\n\n\n<li>Fragmented supply chains limit economies of scale<\/li>\n\n\n\n<li>100% depreciation norms create 3.4% capital cost disadvantage (vs China&#8217;s 50%)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>R&amp;D &amp; Innovation Deficit (India invests only 0.7% of GDP on R&amp;D)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>vs. 2.4% in China and 3.1% in South Korea (World Bank 2023)<\/li>\n\n\n\n<li>India ranks 40th on Global Innovation Index (WIPO 2023)<\/li>\n\n\n\n<li>Limited automotive-specific patents filed domestically<\/li>\n\n\n\n<li>Low adoption of CAD-CAM, CNC machining &amp; cleanroom technologies<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Import Dependence ($12.3B imports in H1 FY26 (+12.5% YoY))<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>China is top import source at ~23% of all component imports<\/li>\n\n\n\n<li>Critical rare earths, semiconductors largely China-sourced<\/li>\n\n\n\n<li>Engine parts and Body-in-White structures reveal key domestic gaps<\/li>\n\n\n\n<li>Rising trade deficit, imports now outpacing export growth<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>MSME &amp; Precision Gap (MSMEs = 40% of revenue; Tier-1 status elusive)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Most MSMEs operate below Tier-1 GVC supplier threshold<\/li>\n\n\n\n<li>India&#8217;s share in engine &amp; steering systems only 2-4% globally<\/li>\n\n\n\n<li>Limited access to funding constrains technology upgrades<\/li>\n\n\n\n<li>Competition from Vietnam, Indonesia benefits from scale advantages<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>GOVERNMENT POLICY ARCHITECTURE<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>PLI: Auto &amp; ACC Battery (\u20b944,038 Cr ($5.3B)) <\/strong><strong>&#8211; <\/strong>PLI for automobiles (\u20b925,938 Cr) + ACC battery storage (\u20b918,100 Cr). 75 firms approved including Maruti, Hero, Tata, Ola, TVS. Total investment commitment: \u20b974,850 Cr &#8211; 76% above target. Incentives up to 18% for advanced automotive technology (AAT) products.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>FAME-II &amp; PM E-Drive (\u20b966,000+ Cr mobilized) &#8211; <\/strong>EV charging infrastructure continues to expand rapidly across India. PM E-Drive allocates \u20b92,000 Cr for 72,300 new EVPCS. Budget 2025-26 adds duty exemptions on Li-ion battery scrap and 35 capital goods for EV production.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>GST Rationalisation (Dual rate: 5% &amp; 18%) &#8211; <\/strong>GST rationalisation from Sep 22, 2025 simplified the tax structure. Small cars GST cut 28%\u219218%; EVs at 5%. Uniform 18% GST for ancillary components benefits MSME suppliers significantly on cost and compliance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Critical Minerals Mission (25 minerals duty-exempt) &#8211; <\/strong>Budget 2025-26 provides customs duty exemptions to 25 critical minerals essential for EV batteries (lithium, cobalt, nickel). The Critical Minerals Mission established to build strategic reserves and reduce dependence on single-country supply chains.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>NITI AAYOG VISION 2030: THE ROADMAP<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>$145B<\/strong><\/td><td>Production (from ~$80B today)<\/td><\/tr><tr><td><strong>$60B<\/strong><\/td><td>Exports (3\u00d7 from $20B)<\/td><\/tr><tr><td><strong>$25B<\/strong><\/td><td>Trade Surplus (projected)<\/td><\/tr><tr><td><strong>8%<\/strong><\/td><td>Global GVC Share (from 3% today)<\/td><\/tr><tr><td><strong>2-2.5M<\/strong><\/td><td>New Direct Jobs Created<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Four-Category Strategic Framework for GVC Integration<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Emerging &amp; Complex<\/strong><\/li>\n\n\n\n<li>EV power electronics<\/li>\n\n\n\n<li>ADAS modules<\/li>\n\n\n\n<li>Battery management systems<\/li>\n\n\n\n<li>Autonomous tech sensors<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Highest priority: build from ground up via FDI + PLI<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Conventional &amp; Complex<\/strong><\/li>\n\n\n\n<li>Engine systems<\/li>\n\n\n\n<li>Transmission modules<\/li>\n\n\n\n<li>Advanced steering systems<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Upgrade precision manufacturing; close China gap<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Emerging &amp; Simple<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">EV wiring harnesses<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Low-voltage electronics<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">EV connectors &amp; relays<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Scale existing strengths into new EV formats<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Conventional &amp; Simple<\/strong><\/li>\n\n\n\n<li>Fasteners, brackets<\/li>\n\n\n\n<li>Filters &amp; gaskets<\/li>\n\n\n\n<li>Castings &amp; forgings<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Maintain cost leadership; expand geographies<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5 IMPERATIVES TO MOVE UP THE VALUE CHAIN<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Technology Absorption &#8211; <\/strong>Close gaps in precision mfg, semiconductors &amp; battery cells. FDI-led tech partnerships essential, avoid permanent CKD assembly trap.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>MSME Upgrading &#8211; <\/strong>40% of revenue in MSMEs must move from simple fabrication to R&amp;D-capable Tier-1 quality. GVC Skilling Scheme + cluster-level capex support needed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Energy &amp; Logistics Reform &#8211;<\/strong> Close ~10% cost gap vs. China by reducing power costs and modernising logistics. Without this, PLI gains erode at the bottom line.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>EV Bet Timing &#8211; <\/strong>Must avoid being trapped in stranded ICE investments while building credible EV component capabilities. $7B localisation plan must execute on schedule.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Trade Diplomacy &#8211; <\/strong>Leverage China+1 moment via FTAs with EU and US. Position India as reliable, rules-based supplier. Navigate WTO challenges from China on PLI schemes.<\/p>\n\n\n\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-3d700899 wp-block-group-is-layout-flex\">\n<ul class=\"wp-block-list\">\n<li>Industry crossed $80B in FY25 with 14% CAGR, growth momentum is real<\/li>\n\n\n\n<li>3% global GVC share massively understates India&#8217;s potential, 8% is achievable by 2030<\/li>\n\n\n\n<li>India retains relative tariff and supply-chain advantages as global manufacturers diversify sourcing beyond China.<\/li>\n\n\n\n<li>EV transition is the defining fork, who captures batteries &amp; power electronics wins<\/li>\n\n\n\n<li>Execution on PLI, energy reform, and FTAs in 2025-28 is the decisive window<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"323\" height=\"434\" data-src=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-6.png\" alt=\"\" class=\"wp-image-6631 lazyload\" data-srcset=\"https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-6.png 323w, https:\/\/bdbipl.com\/wp-content\/uploads\/2026\/06\/image-6-223x300.png 223w\" data-sizes=\"(max-width: 323px) 100vw, 323px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 323px; --smush-placeholder-aspect-ratio: 323\/434;\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s Auto Component Industry Can It Move Up the Global Value Chain? INDUSTRY AT A GLANCE REVENUE GROWTH TRAJECTORY ~14% CAGR FY20-FY25 6.8% Growth in H1 FY26 10% 5yr sector CAGR INDIA&#8217;S SHARE IN THE $700B GLOBAL COMPONENT MARKET EXPORT PERFORMANCE &amp; MARKET DESTINATIONS &nbsp;WHAT COULD GO WRONG? RISK&nbsp;Slow EV adoption China price dumpingWeak semiconductor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India&#039;s Auto Component Industry | BDB India Private Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bdbipl.com\/index.php\/indias-auto-component-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s Auto Component Industry | BDB India Private Limited\" \/>\n<meta property=\"og:description\" content=\"India&#8217;s Auto Component Industry Can It Move Up the Global Value Chain? INDUSTRY AT A GLANCE REVENUE GROWTH TRAJECTORY ~14% CAGR FY20-FY25 6.8% Growth in H1 FY26 10% 5yr sector CAGR INDIA&#8217;S SHARE IN THE $700B GLOBAL COMPONENT MARKET EXPORT PERFORMANCE &amp; MARKET DESTINATIONS &nbsp;WHAT COULD GO WRONG? 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