Indian auto components industry sees 11.3% growth in H1 FY25: Report

Quick Summary:

India's auto components industry saw robust growth in the first half of FY25, with an 11.3% increase in market size to $39.6 billion.

Demand for larger vehicles, especially UVs, surged, alongside a rise in 350-500cc motorcycles.

EV sales grew overall, but e-PVs declined.

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Article Details

Author / Journalist: ANI

Category: EconomyBusiness

Markets: IndiaChinaGermanyJapanSouth KoreaTurkey

Topics: Automotive Component Manufacturers Association H1 FY25 growth Indian auto components industry Electric vehicles India Business news Utility Vehicles sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 17:39:59 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 829 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24406790

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 9 posts per day

Year Established: 1838

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News Last Updated: 17 hours ago

Coverage Areas: India

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