New Delhi, April 12 -- India's top policy think tank body NITI Aayog has envisions the country's automotive component production growing to USD 145 billion by 2030, with exports tripling from USD 20 billion to USD 60 billion.

"NITI Aayog's vision for India's automotive sector by 2030 is ambitious yet achievable. The report envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion," the think tank body added in a release.

NITI Aayog has released an insightful report titled "Automotive Industry: Powering India's Participation in Global Value Chains".

This report offers an extensive analysis of India's automotive sector, highlighting both opportunities a...