 "auto sector, FMCG")
The Indian auto component industry's total sales grew by 12.6 per cent year-on-year (Y-o-Y) to $36.1 billion in the first half of the current fiscal year on the back of strong passenger vehicle (PV) and high-end motorcycles sales, Automotive Component Manufacturers Association of India (ACMA) said on Wednesday.
In the first half of last fiscal year, the auto component industry's sales increased by 34.8 per cent Y-o-Y to $33.9 billion. The growth in H1 of the current fiscal year is lower as industry was recuperating from the pandemic, ACMA Director General Vinnie Mehta told Business Standard.
The auto component exports
