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AUTO PARTS COMPANIES LOG RECORD SALES OF RS 5.6 LAKH CRORE IN FY23
- NEWS Desk Global
- Aug 8, 2023
- 1 min read
The auto industry is on a roll. The automotive component industry has hit an all-time high turnover of nearly $70 billion (Rs 5.6 lakh crore) FY22-23, registering a growth of nearly 33% year-on-year. According to latest data from industry apex body Automotive Component Manufacturers Association of India (ACMA), this has outpaced its former peak performance of Rs 4.2 lakh crore turnover in FY21-22.
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