The auto component industry in India recorded its highest trade surplus of USD 700 million in a financial year in 2021-22
The auto component industry in India recorded its highest trade surplus of USD 700 million in a financial year in 2021-22. Auto component exports increased 43% to a record USD 19 billion in 2021-22. For Indian auto parts makers North America is the largest overseas market, accounting for 32% of overall exports last fiscal. During…