Auto Components Up 6.8 Per Cent In H1 FY26

20 Jan 2026 CW Team

India’s auto component industry grew 6.8 per cent year-on-year to Rs 3.56 trillion (USD 42.7 billion) during April–September FY26, compared with Rs 3.33 trillion (USD 40.0 billion) in the same period last year, according to the Automotive Component Manufacturers Association (ACMA). The expansion was supported by steady domestic demand, a resilient aftermarket and continued investment in capacity, localisation and technology upgrades.

Sales to OEMs rose 7.3 per cent to Rs 3.04 trillion (USD 36.5 billion), driven largely by passenger vehicles and light commercial vehicles. The aftermarket posted robust 9 per cent growth to Rs 531.6 billion (USD 6.4 billion), aided by a rising vehicle parc, greater formalisation in repairs and deeper penetration of organised service networks.

On external trade, component exports increased 9.3 per cent to USD 12.1 billion, while imports climbed about 12.5 per cent to USD 12.3 billion, resulting in a trade deficit of USD 180 million versus a USD 150 million surplus in H1 FY25. ACMA noted that export gains came despite global supply-chain disruptions, raw material cost pressures and weaker demand in key markets. The US and Germany remained leading export destinations, while China, Japan and Germany were the primary import sources.

Electric vehicles accounted for 4.6 per cent of total OEM supplies, highlighting the sector’s gradual shift towards new mobility. ACMA Director General Vinnie Mehta said the industry’s H1 FY26 performance reflects the strength of India’s automotive ecosystem, with growth across OEM and aftermarket segments. Although imports rose faster than exports, he added that manufacturers are responding through deeper localisation, capacity expansion and stronger collaboration as they prepare for the next phase driven by emerging mobility technologies.

Real Estate

28 Feb 2026

Casagrand Launches Keystone In Tiruppur

Casagrand has launched Casagrand Keystone, a gated residential development at Rakkiyapalayam, off Avinashi Road, in Tiruppur. Spread across 2.2 acres, the B+G+5 structure comprises 142 units of 2 and 3 BHK homes, supported by 48 indoor and outdoor amenities. The project is introduced at a starting price of Rs 5,199 per sq. ft. The development allocates 1.3 acres to open space, including a central park of about 24,500 sq. ft. A 6,800 sq. ft. clubhouse includes a multipurpose hall, mini theatre and indoor recreation facilities. Other amenities include a 5,100 sq. ft. swimming pool, poolside par..

Premium homes account for half of India’s housing sales in 2025

Knight Frank India, in its latest report on India’s office and residential property market, has highlighted a significant shift in housing demand, with homes priced above Rs 10 million accounting for 50 per cent of total residential sales across the top eight cities in 2025. The findings underscore the growing dominance of premium housing in the country’s real estate landscape.Out of 348,247 residential units sold during the year, approximately 175,091 units were in the Rs 10 million-plus category, marking a 14 per cent year-on-year increase. The data reflects changing buyer preferences, w..

Xbattery launches XB-5K energy storage system for homes, offices

Xbattery, a Hyderabad-based deep-tech company specialising in next-generation energy storage and battery management technologies, has introduced its flagship XB-5K, a scalable 5kWh energy storage system designed for homes and offices in India.The XB-5K is built on the company’s indigenously developed BharatBMS platform, described as India’s first universal high-voltage battery management system architecture aimed at reducing import dependence and improving after-sales service capabilities. The launch comes as India seeks to strengthen domestic manufacturing and address reliance on imported..