Indian Auto Component Industry Grows 6.8% in H1 FY26 Amid Trade Challenges

The Indian auto component industry grew 6.8% year-on-year to Rs 3.56 lakh crore in April-September FY26, supported by stable domestic demand, a resilient aftermarket, and investments in capacity and technology, according to ACMA. Exports rose 9.3% to USD 12.1 billion despite global challenges, while imports increased 12.5%, resulting in a trade deficit of USD 180 million. The US tariffs are expected to impact exports in H2 FY26, with industry leaders noting temporary slowdowns but ongoing efforts to diversify markets through trade agreements.