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Automotive Component Manufacturers Association of India (ACMA)
ACMA President, Mr. Vikrampati Singhania
ACMA President: Supply chain diversification creates opportunities for India’s auto component industry
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Exclusive Interview
India’s auto component industry recorded turnover of INR 7.6 trillion in FY 2025–26 (April 2025–March 2026), up 12.7% from the previous fiscal year. Supplies to OEMs increased 16.3%, while the aftermarket grew 9%. Exports rose 5% to USD 24 billion, with Europe recording the strongest export growth and engine components together with drive, transmission, and steering components accounting for more than half of export value. Imports increased 13% to USD 25.4 billion amid growing demand for advanced-technology products and specialized components. Supplies of electric vehicle components, excluding lithium-ion batteries, represented 4.6% of domestic OEM supplies. According to the Automotive Component Manufacturers Association of India (ACMA), the industry has more than doubled in size over the past five years, recording a compound annual growth rate of 17%.
Related article: “India’s auto component industry turnover rises to INR 7.6 trillion in FY 2025–26”
ACMA is the apex body representing India’s auto component industry. Its membership comprises more than 1,150 manufacturers, which account for over 90% of the industry’s turnover in the organized sector. ACMA works to strengthen the global competitiveness of India’s auto component industry by promoting innovation, research, capability building, and sustainable industry growth. Vikrampati Singhania is President of ACMA and Vice Chairman and Managing Director of J.K. Fenner (India) Ltd.
On July 7, 2026, MarkLines interviewed Mr. Singhania following ACMA’s annual press conference. The interview covered the industry’s medium-term outlook, export opportunities arising from free trade agreements, investment in emerging technologies, R&D and localization, supply-chain resilience, and the transition toward multiple powertrain technologies.
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