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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

In addition, another close to 100 exhibitors will be participating in two exclusive Auto Components Pavilions showcasing products and solutions for OEMs, the release said. Vinnie Mehta , Director General of ACMA, said, “The Indian auto component makers witnessed a promising 7.5% times to an estimated USD 14 billion by 2028.

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India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

The insights from the research highlight unique opportunities for the Indian auto component aftermarket players. The markets include Indonesia, Latin America, Poland, Brazil, Columbia and Bangladesh, as well as matured markets, including African countries and UAE, with a substantial number of aging vehicles.

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Pavna readying new plant in Hosur for TVS Motor, Ola Electric – ET Auto

Baua Electric

With an expansion of its two-wheeler clientele beyond Bajaj Auto, to whom it has been supplying for many years now, the company believes Hosur will have a critical role to play in the future. Another Pavna setup in Aurangabad (Maharashtra) is largely an assembly operation for Bajaj Auto.

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