Invest India:
Government of India cell for information related to policies, opportunities and
attractiveness for investment in India can be seen on this:
https://www.investindia.gov.in/
Leading global automotive manufacturing hub
Indian Auto Component Industry clocks highest-ever turnover of $6.5 bn, grows 23% in
FY 2021-22. Auto component sales to EV-sector stood at INR 3,520 cr.; ~1% of auto
component sales to the OEMs. The growing presence of global automobile Original
Equipment Manufacturers (OEMs) in the Indian auto components industry has
significantly increased the localization of their components in the country. The FDI
inflow into Indian automotive industry during the period April 2000-June 2022 stood
at $33.53 bn. 100% FDI in the automotive parts industry is allowed under the automatic
route.
https://www.investindia.gov.in/sector/auto-components
FDIs into India
The total FDI inflows stood at US$ 81,973 million, a 10% increase over the previous
financial year. According to the World Investment Report 2022, India was ranked
eighth among the world's major FDI recipients in 2020, up from ninth in 2019.
Information and technology, telecommunication and automobile were the major
receivers of FDI in FY22. With the help of significant transactions in the technology and
health sectors, multinational companies (MNCs) have pursued strategic collaborations
with top domestic business groupings, fuelling an increase in cross-border M&A of 83%
to US$ 27 billion.
https://www.ibef.org/economy/foreign-direct-investment
