India’s auto component industry grew 12.7% to ₹7.6 lakh crore in FY26, driven by strong domestic demand and OEM supplies. However, imports exceeded exports, resulting in a wider trade deficit. The report highlights the sector’s continued expansion while underlining the need to strengthen domestic manufacturing and reduce dependence on imported components.

Tata Punch and Nexon led India’s passenger vehicle sales in June 2026, while Maruti Suzuki secured five spots in the Top 10. Check the complete list of the best-selling cars, sales figures and year-on-year growth.