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India’s Auto Components Exports Can Triple By 2030, NITI Aayog Says

  • India’s auto component exports are expected to triple from $20 billion to $60 billion by 2030, according to a report by NITI Aayog.
  • The report predicts that India will produce $145 billion worth of auto components by 2030, positioning the country as a significant player in the global markets.
  • This growth is projected to generate 2-2.5 million additional employment opportunities in the auto sector.
  • To achieve this vision, strategic and focused policy initiatives are needed to enhance competitiveness, improve infrastructure, and attract investment.

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