Automotive parts market size India FY 2008-2022
India's market for automotive parts and components was sized at around 56 billion U.S. dollars at the end of fiscal year 2022. The huge drop in the market size in financial year 2020 was mainly due to the impact of coronavirus pandemic. Domestic original equipment manufacturer supplies contributed a share of about 56 percent to the market. Exports contributed a share of about 25 percent and the domestic aftermarket had a share of 20 percent in the industry turnover.