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'EVs Are Affecting Auto Component Demand, We Need to Adapt Quickly'

Pankaj Chadha, Chairman of the Engineering Exports Promotion Council, says the auto component sector has to adapt quickly to electrification, even as it emerges as India's top engineering exports contributor.

By Yukta Mudgal

14 Feb 2025

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'EVs Are Affecting Auto Component Demand, We Need to Adapt Quickly'

As the world’s largest auto show, Bharat Mobility Global Expo 2025, enthralled visitors in Delhi in January, we caught up with Pankaj Chadha, Chairman of the Engineering Exports Promotion Council (EEPC), the driving force behind this massive event. He shared insights on a wide range of topics, including organising such a large event, the rising opportunities for India’s engineering export segment, and current geopolitical scenarios. He pointed out that auto components have overtaken steel as the biggest item in India’s engineering exports, and emphasised the urgent need for adapting to electrification trends.

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