written by | December 26, 2022

Top Auto Ancillary Companies in India: An Overview of the Industry

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Table of Content


Top Auto Ancillary Companies In India are involved in designing, manufacturing, and supplying a wide range of products and services that are essential for producing automobiles. The automotive industry in India is one of the largest in the world, and the country is home to several leading auto ancillary companies. These companies have a significant presence in the Indian market and are responsible for a large share of the country's automotive production. 

Did You Know? The Auto Ancillary Industry in India has seen strong growth in recent years and is expected to continue to grow at a rapid pace in the coming years.

Auto Ancillary Companies In India

The auto ancillary industry in India comprises companies that are engaged in the manufacture of various components and spare parts used in automobiles. 

Some major companies operating in the auto ancillary industry in India include Bosch Limited, Hindustan Motors, Mahindra & Mahindra, Maruti Suzuki, Motherson Sumi Systems, and Tata Motors. 

List Of Auto Ancillary Companies In India

Auto Ancillary Companies have a strong presence across the country and are well-positioned to capitalize on the growing demand for automotive parts and components in India. So here below is the list of some top auto Ancillary Companies in India which are sorted out based on the total sales.

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  1.  BOSCH

Bosch is one of the leading auto ancillary companies in India. It is a leading supplier of technology and services to the automotive industry. Bosch has a strong presence in the country, with a network of over 10,000 dealers and service outlets. 

The company has a strong R&D base in India and has invested heavily in the country. Bosch is also working closely with Indian OEMs to develop products and solutions for the Indian market. In line with the Make in India initiative, Bosch has invested in local manufacturing and has set up two plants in Pune and Chennai. The company has also been actively involved in skill development initiatives in India. 

  1.  Balkrishna Industries Limited (BKT)

Balkrishna Industries Limited (BKT) is an Indian multinational company specializing in the manufacture of off-highway tires for the agricultural, construction, and industrial sectors. The company has a strong presence in over 120 countries and is one of India's leading Auto Ancilliary Companies. 

BKT was founded in 1987 by Arvind Poddar and had its headquarters in Mumbai, Maharashtra. The company has over 16,000 employees. BKT tires are known for their quality, durability, and performance. The company has a state-of-the-art manufacturing facility in Bhuj, Gujarat, one of the world's largest. BKT tires are used by some of the largest OEMs in the world, including John Deere, Case IH, New Holland, and Kubota. The company has a strong R&D team that constantly innovates and develops new products to meet the changing needs of its customers.

BKT is one of India's leading auto ancillary companies, with a strong presence in the domestic and global markets. The company manufactures a wide range of products for the automotive and industrial segments. Its product range includes tires, tubes, flaps, off-road tires, solid tires, OTR tires, agricultural tires, bias tires, two/three-wheeler tires, and industrial tires. BKT has a strong research and development team that constantly works on developing new products and improving existing ones. The company has a state-of-the-art manufacturing facility in Bhuj, Gujarat, equipped with the latest machinery and technology. BKT also has a strong distribution network with over 3,500 dealers and distributors across India.

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  1.  Motherson Sumi Systems Ltd

Motherson Sumi Systems Ltd is an auto ancillary company based in India. It is a subsidiary of the Samvardhana Motherson Group and is one of India's largest auto ancillary companies. The company supplies various products and services to the automotive industry, including plastic and metal components, electrical systems, and engineering services.

Motherson Sumi Systems Ltd has a network of over 100 manufacturing plants in 30 countries and employs over 40,000 people. It is one of India's largest auto ancillary companies and has a strong global presence. 

The company is a leading supplier of a wide range of automotive components and systems, including exterior and interior body panels, bumpers, instrument panels, door modules, seats, headrests, cockpit modules, cockpits, and consoles. It also supplies other components and systems, such as electrical, infotainment, and safety systems. The company has a strong R&D capability and is constantly innovating to meet the automotive industry's changing needs. Motherson Sumi Systems Ltd is a publicly listed company on the Bombay Stock Exchange and the National Stock Exchange of India.

  1.  Sundaram Clayton Ltd

Sundaram Clayton Ltd is one of the leading auto ancillary companies in India. The company manufactures a wide range of products for the automotive industry, including engine parts, suspension parts, and transmission parts. The company has a strong presence in the domestic market and exports its products to over 60 countries. Sundaram Clayton has over 8,000 employees and a strong commitment to quality and customer satisfaction.

The company has ISO/TS 16949 and ISO 9001 certifications and has won several awards for its quality products and services. The company strongly focuses on research and development and has a state-of-the-art facility in Chennai. The company has a strong customer base in India and abroad and has a vast network of dealers and distributors. The company's products are exported to over 50 countries.

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  1.  Endurance Technologies Ltd

Endurance Technologies Ltd is one of the leading auto ancillary companies in India. The company manufactures and supplies a wide range of auto components and systems for both two-wheelers and four-wheelers. Endurance Technologies Ltd has a strong presence in the domestic and international markets and a wide network of dealers and distributors.

The company also has a modern R&D facility that constantly develops new products and technologies to meet the ever-changing needs of the automotive industry. 

Endurance Technologies Ltd is one of the leading auto ancillary companies in India. The company was established in 1985 and is headquartered in Pune, Maharashtra. The company has a well-established sales and distribution network, ensuring that its products are readily available to its customers. The company strongly focuses on quality, and all its products are manufactured according to international quality standards. The company also has a modern R&D facility that constantly develops new products and technologies to meet the ever-changing needs of the automotive industry.

  1.  Minda Industries Ltd

Minda Industries Ltd is one of the leading auto ancillary companies in India. The company is a part of the reputable Minda Group and has been operating for over four decades. Minda Industries Ltd is a leading manufacturer of a wide range of auto parts and components supplied to all major automotive OEMs in the country. Minda Industries Ltd has a state-of-the-art manufacturing facility in Pune, spread over a sprawling area of 65,000 sq. m.

The plant has the latest machinery and equipment to produce world-class auto parts and components. Minda Industries Ltd also has a strong R&D set-up, constantly developing new and innovative products to meet the ever-changing demands of the automotive industry. The company has a strong presence in the domestic and international markets and is one of India's leading suppliers of auto parts and components.

  1.  WABCO India Ltd.

WABCO India Ltd is one of the leading auto ancillary companies in India. It is part of the global WABCO Group, a leading supplier of commercial vehicle braking and electronic control systems. WABCO India has its headquarters in Pune and has manufacturing facilities in Pune, Bangalore and Chennai.

The company has a strong engineering and R&D base in India and has over 1000 employees. WABCO India supplies products to all the leading OEMs in India and exports them to over 60 countries. The company has state-of-the-art manufacturing facilities in Pune and Chennai and a global sales and services network.

Conclusion

Auto ancillary companies in India form an integral part of the automotive sector in India and play a crucial role in supporting the growth of the automotive industry. The industry is well supported by a large and growing base of suppliers and manufacturers, which provides it with the necessary scale and expertise to meet the growing demand for automotive parts and components.
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FAQs

Q: What risks are associated with investing in an auto ancillary company in India?

Ans:

Certain risks are associated with investing in an auto ancillary company in India. These risks include volatile raw material prices, fluctuations in exchange rates, etc.

Q: What is the future of auto ancillary companies in India?

Ans:

The future of auto ancillary companies in India looks bright. The country has a large population and a growing economy, both positive factors for the auto industry. In addition, the government has been supportive of the auto industry and has implemented policies encouraging growth.

Q: What are some of the challenges faced by auto ancillary companies in India?

Ans:

The main challenge faced by auto ancillary companies in India is the ever-changing nature of the automotive industry. This means that companies have to constantly update their products and processes to stay ahead of the curve.

Q: Is the role of auto ancillary companies in India?

Ans:

The role of auto ancillary companies in India is to provide components and parts to the automotive industry. This helps keep the industry running smoothly by ensuring a steady supply of parts and components.

Q: What products do auto ancillary companies in India manufacture?

Ans:

The products manufactured by auto ancillary companies in India include a variety of components and parts used in automobiles. This can include anything from engine parts to electrical components and everything in between.

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Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.