India's auto component manufacturing marks 65% YoY increase: ACMA

Automotive Component Manufacturers Association of India (ACMA) announced on Tuesday that India's automotive component manufacturing industry witnessed a turnover of ₹1.96 lakh crore between April and September 2021. This marks a 65% year-on-year (YoY) increase. The industry's exports also saw a growth of 76% between the same period in comparison to last year, rising to ₹68,746 crore.