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

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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

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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.