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Automotive parts market size India FY 2008-2021

Published by Statista Research Department, Jun 17, 2021
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)

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Sources

Release date

April 2021

Region

India

Survey time period

FY 2008 to FY 2021

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

Values have been rounded for clarity.

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