Business News | India's Auto Component Industry Targets USD 200 Bn Turnover by FY30 Amid Rising Risks: BCG-ACMA
Get latest articles and stories on Business at LatestLY. India's auto component industry is targeting nearly $200 billion (Rs 17.6 lakh crore) in turnover by FY30, but achieving the ambition will require companies to build greater resilience against raw material and energy costs, labour shortages and demand volatility, a joint report by Boston Consulting Group and Automotive Component Manufacturers Association of India (BCG-ACMA) said.