Vinnie Mehta, Secretary General of ACMA, said: "In the first half of this year, 47% ($28.6 billion) of OEM supply revenue came from passenger cars. Interestingly, in the first half of the last fiscal year, it came from passenger cars. It accounted for about 38% of OEM revenues.NEW DELHI: India's auto component industry grew 34.8% to Rs 2,650 crore in the first half of the year 2022-23, driven by domestic demand, especially in the passenger car segment, the Automotive Component Manufacturers Association of India (ACMAI) said on Wednesday.Data from the Automotive Component Manufacturers Association of India (ACMA) shows that exports of components grew by 8.6% to 101% dollars (Rs 79.03 billion) and imports grew by 17.2% to 101% dollars (Rs 79.8 billion) during the same period.Sunjay Kapur said, "Passenger cars and commercial vehicles are growing substantially. The festive season has had a very positive impact on two-wheelers. We are hopeful that two-wheelers will get back on...