Electronics to Make Up 50-55% of Car Cost by 2030, Signalling Major Localisation Opportunity: BCG-ACMA
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Summary
BCG-ACMA report projects electronics will make up 50-55% of a car's cost by 2030, up from 30-35% in 2020. This shift presents a major localisation opportunity for Indian auto component makers across sensors, ECUs and battery management systems.