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‘Chance to be a global EV sourcing hub within our reach’

ACMA President Shradha Suri Marwah outlines the Indian auto-component industry's $7 billion investment plan, cost advantages and growing exports as India eyes leadership in EV component manufacturing.

By Mayank Dhingra

07 Oct 2024

270 Views

Shradha Suri Marwah, Chairperson, Subros, and President, Automotive Component Manufacturers Association of India (ACMA),

The Indian automotive component industry has come a long way in the last decade since the advent of the government’s Make-in-India initiative aimed at driving local manufacturing of various technologies, including advanced automotive components. The auto component sector posted a turnover of Rs 6.14 lakh crore in FY24, registering 10% ...

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Tags: ACMA