Indian auto parts stocks slipped 1–3% after the U.S. imposed steep tariffs on India’s Russian oil imports.

• Tata Motors dropped 2% as JLR sees one-fourth sales from the U.S. market, raising investor concerns.
• Sona BLW, Bharat Forge fell up to 3% due to high exposure to the U.S. market amid 50% total tariffs.
• Auto dealers warn new tariffs may hit discretionary spending, hurting future demand for vehicles in India.