In financial year 2023, India's automotive parts exports were valued at around 20.1 billion U.S. dollars. This was a slight increase compared to the previous year. The compound growth rate of the automotive parts export between 2019 and 2023 was around 5.7 percent. Europe and North America were the main export markets for India's auto components industry.
Value of automotive parts exports from India between financial year 2009 to 2023
(in billion U.S. dollars)
Characteristic
Exports in billion U.S. dollars
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Automotive Component Manufacturers Association of India. (August 7, 2023). Value of automotive parts exports from India between financial year 2009 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 21, 2024, from https://www.statista.com/statistics/318093/value-of-indian-automotive-part-exports/
Automotive Component Manufacturers Association of India. "Value of automotive parts exports from India between financial year 2009 to 2023 (in billion U.S. dollars)." Chart. August 7, 2023. Statista. Accessed July 21, 2024. https://www.statista.com/statistics/318093/value-of-indian-automotive-part-exports/
Automotive Component Manufacturers Association of India. (2023). Value of automotive parts exports from India between financial year 2009 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 21, 2024. https://www.statista.com/statistics/318093/value-of-indian-automotive-part-exports/
Automotive Component Manufacturers Association of India. "Value of Automotive Parts Exports from India between Financial Year 2009 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Aug 2023, https://www.statista.com/statistics/318093/value-of-indian-automotive-part-exports/
Automotive Component Manufacturers Association of India, Value of automotive parts exports from India between financial year 2009 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/318093/value-of-indian-automotive-part-exports/ (last visited July 21, 2024)
Value of automotive parts exports from India between financial year 2009 to 2023 (in billion U.S. dollars) [Graph], Automotive Component Manufacturers Association of India, August 7, 2023. [Online]. Available: https://www.statista.com/statistics/318093/value-of-indian-automotive-part-exports/