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India’s auto-component industry poised for 18% composite CAGR to US$200 billion by 2030
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India’s auto-component industry is expected to grow at ~18% CAGR to US$200 billion by 2030, with select suppliers flagged as structural winners in the equities market.
India’s auto-component industry is forecast to grow at a compound annual growth rate of about 18% and reach roughly US$200 billion by 2030, driven by the electric-vehicle wave, export growth and domestic demand recovery. An analysis by ET Markets highlights 10 listed suppliers well-positioned to benefit from the theme, including key players such as Samvardhana Motherson, UNO Minda and Sundaram Fasteners. Analysts say the auto-component theme ranks among top structural opportunities in India’s equity market beyond large caps. Investors are urged to monitor margins, export share and order wins for conviction.