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India's auto component industry forecasts 8-10% growth in 2025-26, focusing on EVs and exports.
India's auto component industry is expected to grow by 8-10% in the 2025-2026 financial year, according to ICRA.
Operating margins are predicted to stay at 11-12%, while the industry plans to invest Rs 25,000-30,000 crore in capacity expansion and EV development.
With low localisation in EV supply chains, there are opportunities for growth, especially as EU plant closures create export opportunities for metal castings and forgings.
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La industria de componentes de automóviles de la India pronostica un crecimiento del 8-10% en 2025-26, centrándose en los vehículos eléctricos y las exportaciones.