in the first half of the previous fiscal fy20 while the domestic auto components sector recorded a revenue decline of about 101 per cent over the yearago period exports recorded modest growth of 27 per cent yoy in usd terms it said the domestic components suppliers have also been expanding their exports exposure to diversify their revenue streams and limit dependence on the domestic market while improving profitability as exports are typically higher margin orders according to india ratings furthermore oems could postpone new model launches and investment plans which would defer order offtake it said pti published on may 12 2020 at 1001 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app auto ancillary india ratings auto parts auto sector vehicle parts homenewsauto componentsauto component industry likely to witness doubledigit degrowth in fy21 india ratings