According to a report by Prabhudas Lilladher Capital, India exported $2.6 billion of automobiles and ancillaries to the US in FY24. The export of ancillaries at $2.1 billion was 80% of the category export to the US. A report by Crisil highlighted that the US forms a significant 28% of the auto component exports from India.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is