Electronics to make up 50-55% of car cost by 2030, signalling major localisation opportunity: BCG-ACMA
BusinessLine 1 hr ago·5 Sept 2026, 8:45 am
A new report from BCG and ACMA projects that the cost of electronics will surge to 50-55% of a car's total value by 2030. This shift marks a major change in how vehicles are built, moving away from traditional mechanical parts toward digital and smart systems. For India, this trend presents a significant opportunity to boost local manufacturing and reduce dependence on imports.
Currently, domestic suppliers provide only about 12% of these electronic components, creating a clear gap in the market. This indicates a substantial potential for Indian companies to expand their capabilities and capture a larger share of the supply chain. Investors should monitor which companies are actively investing in this space and successfully securing contracts with major automakers.
Excerpt from BusinessLine
Electronics could account for 50-55 per cent of a car's cost by 2030, up from around 30-35 per cent in 2020, creating a major opportunity for Indian auto component makers to expand into electronic components, according to a BCG-ACMA report. The report said vehicles are becoming increasingly electronic, whether powered…Read the original at BusinessLine
Key takeaways
- Category: Corporate Action.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
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