GST 2.0, customs reforms and Indo–Japan FTA set to reshape India’s auto component sector: Report - ET Auto

More than 30,000 Indian engineers are being trained to Japanese manufacturing standards through joint programmes. India’s automotive industry, which contributes 7.1 per cent to GDP and nearly half of manufacturing GDP, produced 28 million vehicles in 2024 — an 8 per cent rise over 2023 — according to a whitepaper released by Grant Thornton Bharat and the Indo-Japan Chamber of Commerce and Industry…