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Indian automotive aftermarket biz to grow to $30 billion by 2026

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Vantage Point

Strategist Team 

The Indian aftermarket automotive business is expected to grow to an estimated USD 30-32 billion by 2026 from the current USD 6.5 billion, indicating a surge in demand for spare parts in the country's vehicle parc.

Representing India's strengths in these key segments, over 175 auto-component manufacturers presented their products and innovations at just concluded Automechanika - the world's leading trade fair for the automotive aftermarket industry in Frankfurt (from September 13-17). Among the exhibiting companies at Automechanika Frankfurt were India's leading players like ...

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First Published: Mon, September 19 2016. 00:06 IST
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