India's market for automotive parts and components was sized at around 16 billion U.S. dollars at the end of fiscal year 2021. The huge drop in the market size 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.
Size of India's automotive parts market from financial year 2008 to 2021
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
India Brand Equity Foundation. (April 15, 2021). Size of India's automotive parts market from financial year 2008 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 14, 2022, from https://www.statista.com/statistics/318039/automotive-parts-market-size-in-india/
India Brand Equity Foundation. "Size of India's automotive parts market from financial year 2008 to 2021 (in billion U.S. dollars)." Chart. April 15, 2021. Statista. Accessed August 14, 2022. https://www.statista.com/statistics/318039/automotive-parts-market-size-in-india/
India Brand Equity Foundation. (2021). Size of India's automotive parts market from financial year 2008 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 14, 2022. https://www.statista.com/statistics/318039/automotive-parts-market-size-in-india/
India Brand Equity Foundation. "Size of India's Automotive Parts Market from Financial Year 2008 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Apr 2021, https://www.statista.com/statistics/318039/automotive-parts-market-size-in-india/
India Brand Equity Foundation, Size of India's automotive parts market from financial year 2008 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/318039/automotive-parts-market-size-in-india/ (last visited August 14, 2022)
