NEW DELHI : India’s auto component manufacturers expect export growth to be muted in the last quarter of the fiscal due to the recessionary environment in the US and the EU, while imports of auto parts, particularly electronic components, are expected to stay elevated as domestic demand rises. In the first half of FY23, North America and Europe together accounted for over 63% of the sector’s total exports. A resurgence of covid-19 in China and Japan does not threaten major supply chain disruptions, although the industry remains cautious in its outlook. “The auto component’s industry’s performance in the first half...