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in India The Indian automotive components industry - Teknikföretagen

in India The Indian automotive components industry - Teknikföretagen

in India The Indian automotive components industry - Teknikföretagen

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CLUSTERS IN THE AUTOMOTIVE Components INDUSTRY<strong>The</strong> map depicts four clusters, one each <strong>in</strong> North, South, East and West <strong>India</strong>• Delphi• M<strong>in</strong>da• Sono Koyo Steer<strong>in</strong>g• Denso• Shriram PistonsDelhi-Gurgaon-Manesar• Bharat Forge• SKF bear<strong>in</strong>gs• Tata Johnson• EnduranceHalolPune-NasikAurangabadJamshedpurKolkata• Amtek <strong>India</strong>• International Auto Forg<strong>in</strong>gs• JMTChennai Bangalore Hosur• Sundaram Fasteners• Visteon• Rane TRW• Lucas TVS• BoschSource: Industry research and analysisFast growth due to <strong>in</strong>creas<strong>in</strong>g outsourc<strong>in</strong>g from <strong>India</strong>With strong growth rates <strong>in</strong> the <strong>automotive</strong> <strong>in</strong>dustry there will also be a significant<strong>in</strong>crease <strong>in</strong> employment opportunities. Due to several backward and forwardl<strong>in</strong>kages, substantial amount of direct and <strong>in</strong>direct employment will be generated<strong>in</strong> feeder <strong>in</strong>dustries. Specialists <strong>in</strong> the area of Research and Development (R&D),technology, product development, logistics and operations would also be requiredfor the <strong>in</strong>dustry to be able to achieve and susta<strong>in</strong> the growth. <strong>The</strong> <strong>automotive</strong> <strong>components</strong><strong>in</strong>dustry is expected to achieve a turnover of USD 70 billion by 2016, that isfive times the size of the <strong>in</strong>dustry <strong>in</strong> 2005–2006. This scale of growth is expected tolead to additional direct employment of 750 000 along with <strong>in</strong>direct employment toover 1.8 million people between 2006 and 2016. 1515) Reference has been made to M<strong>in</strong>istry of Heavy Industries and Public Enterprises (2006b)13

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