Trade Analytics
Auto Components
The turnover of India auto components sector is expected to reach US$ 115 billion by FY21.

Auto Components Manufacturers in India

Latest update: December, 2017

  • The domestic market is expected to account for 71 per cent of total sales by 2021 with a total market size of US$115 billion.
  • Over the last decade, the automotive components industry has scaled three times to US$ 39 billion in 2015-16 while exports have grown ever faster to US$10.8 billion.
  • The growth of global OEM sourcing from India & the increased indigenisation of global OEMs is turning the country into a preferable designing and manufacturing base.
  • The Indian auto-components industry is expected to register a turnover of US$ 100 billion by 2020 backed by strong exports ranging between US$ 80- US$ 100 billion by 2026.

Note: OEM - Original Equipment Manufacturer
Source: ACMA, Make in India

  • Exports will account for as much as 26 per cent of the market by 2021.
  • The auto-components industry accounts for almost seven per cent of India’s Gross Domestic Product (GDP) and employs as many as 19 million people.
  • India is expected to become the 4th largest automobiles producer globally by 2020 after China, US & Japan. The auto components industry is also expected to become the 3rd largest in the world by 2025.
  • In 2016, India overtook Japan to become the 2nd largest producer of steel in the world and among the lowest-cost ones as well.


Source: ACMA, Make in India



Auto Parts Manufacturers, Suppliers & Exporters in India | IBEF

SCL is part of the US$ 6.5 billion TVS group, one of the largest auto components manufacturing and distribution group in India. SCL is a leading supplier of aluminum die castings to automotive and non-automotive sector. Since commencing operation in 1962, SCL has achieved many milestones and emerged as one of the preferred solution provider in ...

About Auto Parts Manufacturers, Suppliers & Exporters in India | IBEF>

Bosch India

The Bosch Group operates in India through six companies. Bosch set up its manufacturing operation in 1953, which has grown over the years to include 10 manufacturing sites and 7 development and application centers Bosch Group in India employs over 26,000 associates. In India, Bosch is a leading supplier of technology and services in the areas o...

About Bosch India>

Exide Industries Ltd

Since its inception in 1880, Exide is one of the most well recognised battery brands in India. Exide has a wide distribution network and service which is continuously monitored and kept contemporary through evolving life cycles. The brand has earned for itself a unique status by becoming generic to the category. Studies have shown that brand Exid...

About Exide Industries Ltd>

Dunlop India Ltd

Dunlop Rubber was a British multinational involved in the manufacture of various rubber goods. It was founded in 1889 by John Boyd Dunlop, who had discovered the pneumatic tyre. DUNLOP, the foremost and prestigious brand in the tyre industry, is owned by Ruia Group since 2005 and the group is the market leader in 2/3 wheeler tyres in India. DIL ca...

About Dunlop India Ltd>


CEAT, the flagship company of RPG Enterprises, was established in 1958. Its predecessor Cavi Elettrici e Affini Torino SpA was established in Italy in 1924. Today, CEAT is one of India’s leading tyre manufacturers and has strong presence in global markets, and has a capacity of over 700 tonnes per day. CEAT offers the widest range of tyres to...

About CEAT Ltd>

Bharat Seats Ltd

Bharat Seats Ltd is a joint venture (JV) of Suzuki Motor Corporation, Japan, Maruti Suzuki India Ltd and the Relans for the manufacture of complete seating systems and interior components for the automotive and surface transport. Incorporated in 1986, Bharat Seats has been a part of the growing automobile scene in the country and today it occup...

About Bharat Seats Ltd>

JBM Auto Components

JBM Group is a tier-1 supplier to the automotive original equipment manufacturing (OEM) industry and provides services to esteemed clients that include Ashok Leyland, Bajaj Auto Ltd, Fiat, Ford and General Motors, among others. The group was established in 1983 and today has a turnover of around US$ 1.35 billion. The group has a diversified portf...

About JBM Auto Components>

Wheels India

Wheels India Ltd is promoted by TVS Group and was established in 1962. It is presently one of the largest steel wheel manufacturers in the world. The company had a turnover of US$ 375 million in FY13 coming from the segments of cars/UVs, commercial vehicles, tractors, single piece wheels and construction and earth mover wheels. The company also m...

About Wheels India>

Avtec Ltd

Avtec Ltd is one of the largest independent manufacturers of 'Powertrains and Precision Engineered Products' in India. It is a part of CK Birla Group - a leading global business house with over 20,000 employees and a combined turnover of US$ 1.6 billion. Although the CK Birla Group has been in the automobile components business for a long time, Avt...

About Avtec Ltd>

Lucas TVS

Lucas TVS was established in 1961 as a joint venture (JV) between Lucas UK and TV SundramIyengar and Sons (TVS), India to manufacture automotive electrical systems. Presently, it is the leader in auto electricals in India with 50 years of experience in design and manufacturing. Four out of five vehicles rolled out daily are fitted with Lucas TVS pr...

About Lucas TVS>


Minda Industries Limited (MIL) is the flagship company of the UNO MINDA, NK Minda Group and is among the leading manufacturers of automotive components in India. MIL is an integrated automotive manufacturing group having four subsidiaries – two jointly controlled entities and two associates. The company started its operations with automotive swi...


Anand Group

Established in 1961, Anand Group has successfully partnered with leading global automotive engineering frontrunners. It operates two business verticals: automotive solutions in India and a chain of luxury hotels – Sujan Luxury Hotels. It is an industry leader in automotive solutions and recorded a sales turnover of Rs 60 billion (US$ 997.01 million...

About Anand Group>


Sona Koyo Steering Systems Limited (SKSSL), established in 1985, is the flagship company of the Sona Group, and the largest manufacturer of steering systems for passenger car utility vehicles and light commercial vehicles in India. As part of its globalisation strategy, SKSSL has acquired a position in Fuji Autotech France, SAS, which is the 4th l...



Bharat Forge Ltd (BFL), the Pune-based Indian multinational is a technology driven global leader in metal forming having transcontinental presence across eight manufacturing locations. It serves several sectors, including automotive, power, oil and gas, construction and mining, locomotive, marine and aerospace. Part of the Kalyani Group &ndash...



Amtek The Amtek Group, headquartered in India, is one of the largest integrated component manufacturers in India with a strong global presence. It has also become one of the world’s largest global forging and integrated machining companies. The Group has operations across Forging, Iron and Aluminium Casting, Machining and Sub-Assemblies. The Grou...

About Amtek>

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