Auto component sector sees record turnover of Rs 4.2 trn in FY22: ACMA

Indian auto components industry clocked its highest-ever turnover of Rs 4.2 trillion in 2021-22, recording a growth of 23 per cent on the back of strong performance in exports and aftermarket, industry body ACMA said on Monday. Aftermarket denotes the market for auto components that are used to replace the original auto parts when they …

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