The landscape for India's component manufacturers is evolving.

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Mobility Energy and Transportation

CFO Advisory

The landscape for india's component manufacturers is evolving.

02 Feb 2026

1 min read

Indian auto component manufacturers are increasingly diversifying into non-auto sectors like railways and aerospace, which now account for 30% of their revenue. The Union Budget 2026 further accelerates this trend through the CIE scheme and infrastructure projects, providing significant indirect growth opportunities for the industry.

Read more at Times of India

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Budget 2026: New Growth Vistas for Auto Component Makers | Praxis Global Alliance | PraxisGA