Importance of Indian Automotive Components Industry

Automotive components industry in India has grown rapidly into a domestic market supplier, a supplier of auto parts and the best center in Asia. In addition to being a major player in the global automotive supply chain, auto parts companies also provide India with high value and sophisticated car parts for popular car manufacturers such as General Motors, Toyota, Ford, Volkswagen, to name a few.

Buy Most international car manufacturers of automotive components from India to meet the growing need for strong parts and genuine. According to statistics released by the Automotive Component Manufacturers Association of India (ACMA), the estimated turnover of the auto component industry will reach around U.S. $ 19.2 billion in 2009-10. While the export of auto parts companies India will be approximately U.S. $ 3.2 billion. The maximum level of the Indian side was led by the automobile engine components which represent approximately 31%, 19% of the transmission parts and steering units and 12%, respectively, for the parties and suspension and braking body and chassis respectively. The best supplier of auto parts from India mainly includes three main groups, suppliers of commercial vehicles in Delhi and NCR, Mumbai and Chennai regions.

UNIDO-SPX initiative further assistance for car manufacturers in India to reach a worldwide automotive majors with important and useful in organizing events like the Auto Expo 2010, held on 5-11, 2010 in New Delhi. UNIDO-SPX India is the center of a match-making and technical information for industrial subcontracting and supply chain management business to help SMEs to reach a global audience and make a hole in the international market. Some automotive component companies in India, especially the small and medium enterprise sector greatly benefited from the Auto Expo strengthen fair chance to make an alliance with international actors are also large Indian automotive industry. Some delegates from around the world to participate in Auto Expo also have the opportunity to enter into a contract with a supplier of commercial vehicles in New Delhi and NCR, Mumbai and Chennai to buy auto parts from India.

According to the Investment Commission of India, India is one of the more competitive parts suppliers and the best cars in the world. Increasingly international parts makers including big names such as Delphi, Visteon, Bosch and Meritor are interested in buying auto parts in India and set up operations in India. Apart from India is also a major center for research and development of automotive parts suppliers such as Bosch, Suzuki, Johnson Controls etc. established research and development in this country.

ACMA is the lead agency for the automotive components industry in India helps manufacturers of auto parts to participate in international fairs and technology, sending delegations abroad, taking on a variety of themes automotive publications, ACMA etc. It also helps the company to maintain the standard of the Indian automotive component and product quality and stay updated in accordance with international standards.

India is the second largest producer of motorcycles in the world after China. Various types of vehicles manufactured in India are:

The light passenger vehicles, including passenger cars, SUV, MUV, commercial vehicles including light commercial vehicles, medium and heavy commercial vehicles and buses
What Tractors including earthmoving and construction equipment,
Two wheelers including motorcycles, scooters and mopeds
Three tires including passenger vehicles and goods carriers.