India’s auto component industry recorded notable export growth of 9.3% during the April–September period of the 2025–26 fiscal year, industry data showed on Wednesday. Export earnings from auto parts and components reached about USD 12.1 billion in the first half of the fiscal despite persistent global challenges such as supply chain disruptions and weakening demand in some key markets.
The sector, represented by the Automotive Component Manufacturers Association of India (ACMA), also posted a 6.8% year-on-year increase in overall turnover, reaching roughly Rs 3.56 lakh crore, supported by strong domestic demand, a resilient aftermarket, and sustained investment in capacity and technology.
Sales to original equipment manufacturers (OEMs) grew 7.3% in the period, led by passenger vehicle and light commercial vehicle segments, while the aftermarket expanded by around 9%.
However, imports of auto components rose at a faster pace—about 12.5%—leading to a trade deficit in the segment for the first half of FY26, compared with a surplus in the same period last year.
Industry stakeholders said the performance underlined the sector’s resilience amid global headwinds, and highlighted opportunities for enhanced global integration, particularly in emerging markets.
