Article

A joint ACMA-BCG study reveals that over two-thirds of India's auto component manufacturers are adopting smart factory technologies. The industry, worth nearly $80 billion and growing at 14% annually, aims for $100 billion in exports by 2030.

Companies report significant benefits from digitalization and automation, with a focus on improving productivity and quality. The study emphasizes the need for coordinated efforts and shared platforms among manufacturers to scale these initiatives successfully.