In financial year 2023, the passenger vehicles was the largest segment for the auto component industry, with a share around 44 percent. This was mirrored by the production volume. The turnover of the automotive component industry saw a general growth trend from financial years 2016 to 2023, with the original equipment manufacturers contributing the highest to the auto component industry.
Distribution of auto components market across India in financial year 2023, by segment
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Share of sales
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Automotive Component Manufacturers Association of India. (August 7, 2023). Distribution of auto components market across India in financial year 2023, by segment [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/730980/india-share-of-auto-components-market-in-india-by-segment/
Automotive Component Manufacturers Association of India. "Distribution of auto components market across India in financial year 2023, by segment." Chart. August 7, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/730980/india-share-of-auto-components-market-in-india-by-segment/
Automotive Component Manufacturers Association of India. (2023). Distribution of auto components market across India in financial year 2023, by segment. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/730980/india-share-of-auto-components-market-in-india-by-segment/
Automotive Component Manufacturers Association of India. "Distribution of Auto Components Market across India in Financial Year 2023, by Segment." Statista, Statista Inc., 7 Aug 2023, https://www.statista.com/statistics/730980/india-share-of-auto-components-market-in-india-by-segment/
Automotive Component Manufacturers Association of India, Distribution of auto components market across India in financial year 2023, by segment Statista, https://www.statista.com/statistics/730980/india-share-of-auto-components-market-in-india-by-segment/ (last visited August 25, 2024)
Distribution of auto components market across India in financial year 2023, by segment [Graph], Automotive Component Manufacturers Association of India, August 7, 2023. [Online]. Available: https://www.statista.com/statistics/730980/india-share-of-auto-components-market-in-india-by-segment/