Import/Export #india#auto parts
India's Auto Parts Exports to US Hold Strong Despite Section 301 Probe, Trade Deficit Emerges
India's auto component exports to the US remained robust in FY26, with the US accounting for 26% of total exports. Despite a USTR Section 301 investigation into alleged unfair practices, the industry posted 5% export growth to $24 billion. However, a trade deficit of $1.4 billion emerged as imports outpaced exports, with China the top import source at 36%.
Jul 8, 2026 1 source
