· Industry net foreign exchange positive for the first time ever
- Exports at Rs.39,003 crore (USD 5.2 billion) decrease by 23.6 per cent
- Imports at Rs.37,710 crore (USD 5.0 billion) decrease by 32.7 per cent
· Industry cautiously-optimist about near to mid-term future prospects
New Delhi; 16 December 2020:
Key findings of the ACMA Industry Performance Review for H1 2019-20:
Note: Turnover data represents the entire supplies from the auto component industry (ACMA members and non-members) to the on-road and off-road vehicle manufacturers and the aftermarket in India as well as exports. This also includes component supplies captive to the OEMs and by the unorganized and smaller players.