Record of Auto Ancillary Sector Shares

Final Up to date on Feb 12, 2025 by Anjali Chourasiya

Listed auto ancillary shares in India

Word: The info is from twenty first August 2023. To get this record of auto ancillary shares in India on the Tickertape Inventory Screener, apply the below-mentioned filter.

• Sector > Shopper Discretionary > Auto Elements

The Indian auto part trade is a vital a part of driving macroeconomic progress and employment within the nation. The trade contains varied gamers from massive firms to micro entities. Additional, the auto parts trade accounts for ~2.3% of the nation’s GDP and offers direct employment to just about 1.5 mn individuals. 

The trade can also be a frontrunner in exports and imports. The auto part trade exported US$ 19 bn and imported $18.3 bn value of parts in FY 2021-2022, ensuing within the highest export surplus of $700 mn. For the yr 2016 – 2022, the trade registered a CAGR of 6.35% and was valued at $56.50 bn in Fy 2022.

If we have a look at the trade projections, it’s predicted that by 2026, the auto part sector will contribute ~5-7% of the nation’s GDP. The tasks of the Automotive Mission Plan (2016-2026) will present direct incremental employment to three.2 mn by 2026. Additional, the trade is anticipated to face at $200 bn by FY 2026. All of those look promising, isn’t it? The query is, do you have to put money into an organization/sector if its projections are promising? The reply will depend on your present portfolio, threat urge for food, funding objectives, the corporate’s basic evaluation and lots of different elements.

Therefore, it’s smart to analyse your portfolio and the inventory totally. For each functions,  #TickertapeHaiNa! Tickertape offers you with complete analysis, evaluation, and investing instruments. With Tickertape Inventory Screener, you’ll be able to record shares primarily based in your most well-liked standards. There are over 200 filters so that you can select from, together with pre-built screens, which make your evaluation quicker.

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I’m a finance fanatic who loves exploring the world of cash by my lens. I’ve been devoted to constructing methods that work and curating content material that helps individuals be taught.

As an insatiable reader and learner, I’ve spent the final two years exploring the world of finance. With my artistic thoughts and curious spirit, I really like making complicated finance matters simple and enjoyable for everybody to know. Be a part of me on my journey as we navigate the world of finance collectively!

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