--- title: "India's auto parts companies eye a bigger share of the export market" type: "News" locale: "en" url: "https://longbridge.com/en/news/231123775.md" description: "India's auto parts companies are looking to significantly boost their exports, particularly if a bilateral agreement with the US is established. An ACMA-BCG report projects Indian auto component exports could rise to $100 billion from the current $21 billion. Despite India being a small player in North America's auto component imports, it remains the largest market for Indian exporters, making up 31% of total exports." datetime: "2025-03-09T18:10:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/231123775.md) - [en](https://longbridge.com/en/news/231123775.md) - [zh-HK](https://longbridge.com/zh-HK/news/231123775.md) --- # India's auto parts companies eye a bigger share of the export market Automotive (auto) component companies see a new opportunity to increase their exports manifold — if India signs a bilateral agreement with the US, even after tweaking tariffs in this sector. An ACMA-BCG report has targeted Indian auto component exports to hit $100 billion — nearly a fivefold increase from $21 billion currently. But for North America, India is a small market for auto component imports, accounting for 4 per cent ($6.7 billion) of its total requirement of $170 billion annually. However, for Indian auto component exporters, it is their largest market, accounting for 31 per cent of total exports of ### Related Stocks - [AYV.SG](https://longbridge.com/en/quote/AYV.SG.md) ## Related News & Research - [Đồng Tháp seeks support for durian, jackfruit testing to sustain exports](https://longbridge.com/en/news/286495204.md) - [AZO vs. ORLY vs. AAP vs. GPC: How a Motor Oil Shortage Could Affect Auto Part Retail Stocks](https://longbridge.com/en/news/286934751.md) - [FCI to raise ₹50,000 crore short-term loan for foodgrain operations](https://longbridge.com/en/news/286742942.md) - [11:05 ETThe Church of Jesus Christ of Latter-day Saints Commits $25 Million to the UNICEF-led Child Nutrition Fund](https://longbridge.com/en/news/287088476.md) - [India, UAE seal $5B investment and oil reserve pact](https://longbridge.com/en/news/286634673.md)