India Pushes Auto-Component Exports, Eyes Global Supply Chain Dominance

Business
M
Moneycontrol•07-01-2026, 14:36
India Pushes Auto-Component Exports, Eyes Global Supply Chain Dominance
- •India aims to replicate its iPhone export success in auto components, targeting a larger share of the $2.2 trillion global automotive market.
- •Government emphasizes global quality standards and production efficiency to integrate Indian manufacturers into international supply chains.
- •Current challenges include India's modest 1.4% share of global auto-component exports and limited presence in stringent European markets.
- •Consultations with industry players are underway to identify and remove technological, testing, and documentation gaps.
- •This export-driven strategy is central to the Viksit Bharat vision, aiming to create jobs, deepen supply chains, and attract global investment.
Why It Matters: India targets global auto-component leadership by prioritizing quality and efficiency, mirroring its iPhone export success.
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