The Indian automotive components industry has seen hectic growth in the recent past. The last three years have seen the industry grow at a particularly rapid rate. Output is estimated to have grown from USD 3.95 billion in 2000-01 to USD 6.73 billion in 2003-04. More importantly, exports have nearly doubled over the last two years from USD 578 million in fiscal 2000-01 to an estimated USD 1.0 billion in 2003-04. Deepesh Rathore and Tilak Swarup report.