About ACMA

The Automotive Component Manufacturers Association of India (ACMA) is the apex body representing India's dynamic automotive components industry, with a membership of over 1,155 companies.

with over 1150 members, ACMA plays a pivotal role in strengthening the global competitiveness of India's automotive component sector by promoting innovation, research, capability building, and sustainable industry growth. The association is committed to supporting the industry's long-term development while driving economic progress and employment generation.

Through industry insights, technical expertise, networking opportunities, and platforms for domestic and international collaboration, ACMA empowers its members to remain globally competitive. It also actively contributes to policy advocacy, helping create a regulatory environment that fosters innovation and inclusive growth across the automotive value chain.

India’s Automotive Sector

A Driving Force in the Country’s Economy

India’s automotive industry remains one of the nation’s strongest economic pillars, contributing 49% to manufacturing GDP and 6% to overall GDP while supporting the livelihoods of over 30 million people. Valued at more than USD 180 billion, the industry continues to demonstrate resilience, innovation, and sustained growth.

In FY25, the Indian automotive component industry recorded a turnover of USD 80.2 billion, reflecting a robust year-on-year growth of 9.6% and a CAGR of 14% over the past five years. Sales to OEMs increased by 10% to USD 67.9 billion, while exports grew by 8% to USD 22.9 billion. Imports reached USD 22.4 billion, resulting in a positive trade surplus of USD 453 million. The domestic aftermarket also expanded by 6% to USD 11.8 billion, driven by rising vehicle ownership, stronger rural demand, and the continued growth of organised service networks.

Beyond industry performance, ACMA continues to strengthen manufacturing excellence through initiatives such as Asset Turnover Improvement, Uptime Improvement, Zero Defect Quality (ZDQ), and Sustainable Manufacturing. With over 40 international MoUs, the association also promotes global collaboration in technology, knowledge exchange, and bilateral trade, reinforcing India's position as a preferred global manufacturing destination.

Auto Component Exports Reach USD 22.9 Billion in FY25

Auto component exports grew by 8% to USD 22.9 billion in FY25, with North America recording an 8.4% increase and Asia growing by 15.1%. Major export categories included drive transmission and steering systems, engine components, suspension and braking systems, and body and chassis products.

Auto Component Imports Rise to USD 22.4 Billion

Imports of auto components increased by 7.3% to USD 22.4 billion in FY25, largely driven by Asian markets. Continued demand for advanced engine parts, body and chassis products, suspension and braking systems, and drive transmission components supported this growth.

Aftermarket Expands to USD 11.8 Billion

The domestic aftermarket grew by 6% to USD 11.8 billion in FY25, driven by a growing used-vehicle population, increased formalisation of repair services, rising rural consumption, and the expanding reach of e-commerce across India.

Message from

The Management

Mr. Vinnie Mehta

Director General, ACMA
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    • Today, the Indian auto component industry is well recognised globally with deep forward and backward linkages with several key segments of the economy.

    ACMA’s active involvement in trade promotion, technology up-gradation, quality enhancement and collection and dissemination of information has made it a vital catalyst for the auto component industry’s growth and development. Its other activities include participation in international trade fairs, mounting trade delegations overseas and bringing out publications on various topical subjects related to the automotive industry.

    ACMA’s charter is to develop a globally competitive Indian Auto Component Industry and strengthen its role in national economic development as also promote business through international alliances.

    With the clarion call to ‘Make in India’ by our Hon’ble Prime Minister, the virtuous cycle of manufacturing is all set to roll. The campaign aspires to bolster domestic manufacturing by facilitating investment, fostering innovation, enhancing skill development, protecting intellectual property and building best in class manufacturing infrastructure in the country.

    To help the auto component industry, the government has announced a slew a reforms in the Budget 2015 and the Foreign Trade Policy 2015. Forward looking policy measures such as announcement of introduction of GST, consolidation of various exports schemes, simplification of procedures to help integrate India into the global value chain, improving ease of doing business index through online and e-governance interventions and reducing the transaction costs augur well for the industry.

    To help the auto component industry, the government has announced a slew a reforms in the Budget 2015 and the Foreign Trade Policy 2015. Forward looking policy measures such as announcement of introduction of GST, consolidation of various exports schemes, simplification of procedures to help integrate India into the global value chain, improving ease of doing business index through online and e-governance interventions and reducing the transaction costs augur well for the industry.

    Going forward, we envision of making India into a global export hub because of our inherent strengths of frugal engineering, cost advantages and quality benefits that India can provide to the rest of the world. With this vision in place the auto component industry is all set to be the engine for India’s economic growth.

    Mr. Vikrampati Singhania

    President, ACMA

    Over the years the component industry has adapted well to the changes in the policy & regulatory environment and the needs of its customers. To realize their ambition of graduating from being a build to print to one that is art to part, the auto component manufacturers must focus on R&D to help generate IP in India and in the process, create greater returns than the cost of capital to make India an attractive destination for investments.

    The automotive industry is an engine of growth for the Indian economy. The auto component industry contributes 2.3% to National GDP, providing direct employment to 1.5 million people.

    Aimed at an holistic growth model for the automotive industry, The Automotive Mission Plan (AMP 2026) has set a target of a turnover of USD 200 billion by 2026 for the auto component sector backed with strong exports ranging between USD 70 -80 billion.

    ACMA would endeavor to focus on strengthening it’s members' capabilities for new product development, improving quality standards, evolving technology for meeting the evolving emission and safety standards, upgrading people skills to support domestic and global expansion.

    The auto-component industry in India is today entering a new phase in terms of global exposure and adoption of technology. The priorities for the future would be to put much greater focus on R&D, to help generate intellectual property in India where world class production quality will be a given. It is important to acknowledge that a transformation is round the corner and we will have to gear up to it.

    This calls for a more collaborative approach between the various stakeholders of the value chain i.e. component manufacturers, OEMs, Machine Tool Suppliers, the Raw Material industry and the Government.

    I am confident that as an industry we will rise to the challenges and with the support of all stakeholders, firmly build on the global-quality manufacturing ethos that we have already established in the last few decades.

    Driving Growth and Excellence in India’s Automotive Industry through Trade, Technology, and Quality Initiatives

    ACMA plays a critical role in advancing India’s automotive industry by promoting trade, enhancing technology, improving quality, and disseminating information. The association participates in international trade fairs, sends trade delegations abroad, and publishes industry materials.

    ACMA also contributes to manufacturing excellence through skills training, mentoring programs, and initiatives like 'Asset Turnover Improvement,' 'Uptime Improvement,' 'Zero Defect Quality,' and 'Sustainable Manufacturing.' It is actively involved in various government panels, committees, and councils to influence policies and regulations.

    ACMA has signed Memoranda of Understanding (MoUs) with over 30 counterpart organisations in several countries to facilitate information exchange and trade cooperation.

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