in India The Indian automotive components industry - TeknikfÃ¶retagen

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• Core engine parts like pistons and piston rings• Fuel delivery systems• Other componentsSome of the major manufacturers of pistons are Escorts India Pistons Ltd, andFederal Mogul Goetze. Petrol based fuel injection systems are manufactured byUcal Fuel Systems, Spaco Carburettors, and Escorts Auto Components whereasDiesel based fuel injection systems are manufactured by Bosch Limited, Delphi andTata Cummins among others. Bharat Forge is a major company that manufacturescrankshafts while Kirloskar Oil Engines Ltd and Gabriel India Ltd manufacturebearings. Purolator India Ltd manufactures filters/ elements/ inserts.Drive, transmission and steering partsThis is the second largest segment within the Indian automotive components industry.The major sub-segments in this segment are gears, wheels and wheel rims,steering gears and systems. This segment is estimated to have contributed 19 percent in value i.e. approximately USD 2.3 billion in the year 2005–2006.A brief description of the sub-segments of the drive, transmission and steeringparts segment has been given below.Axles – Due to bad roads in India, the replacement market for axles is very high,contributing significantly to the growth of this sub-segment. Few OEMs sourcecomplete assemblies, but a large number of them source individual components likehousings, shafts and differentials from vendors. Automotive Axles, GKN Drivelineand Axles India are some of the largest companies in the segment. With regard towheels and wheel rims manufacturing, Wheels India Ltd is the most prominentplayer in India.Gears and steering systems – some of the biggest companies in the gears segmentare Bharat Gears Ltd, Gajra Gears, JMT Auto, and ZF Steering Gear India Ltd.The steering systems segment is dominated by Sona Koyo Steering and Rane PowerSteering Ltd. However these companies mainly manufacture steering systems forcars. With regard to commercial vehicles ZF Steering Gear India Ltd is the mainmanufacturer.16
Clutches – Luk Clutches is the major player in the clutch manufacturing segment.Rane Brake Lining and Rico Auto are also prominent players. Other players includeAmalgamations Repco that has collaboration with Valeo of France and Ceekay Dakinthat has collaboration with Exedy Corporation.Suspension and braking partsThe suspension and braking parts segment is estimated to have contributed 12per cent in value i.e. approximately USD 1.45 billion in 2005–2006. This segmentconsists of shock absorbers, leaf springs and brake shoe assembly segments. GabrielIndia Ltd and Munjal Showa are the major companies in the shock absorbersub-segment. Jai Parabolic Springs and Jamna Auto Industries are the two majormanufacturers of leaf springs/ coil springs. Players like Brakes India Limited, andAutomotive Axles Ltd dominate the brake shoe assembly segment.Electrical partsThis segment is among the smaller segments in the industry. As of 2005–2006, it isestimated to have contributed 9 per cent in value i.e. approximately USD 1.09 billion.Lucas TVS is the largest player in terms of market share. The major companiesin this segment include Bosch Limited, Denso, Motherson Sumi, MIL and IndiaNippon. The main products in this segment include starter motors, generators,spark plugs and distributors. Starter motors and generators are two sub-segmentsthat account for a major portion of this segment in terms of value.This segment of the automotive components industry is expected to grow at a robustrate as the newly manufactured automobiles in India contain a higher proportionof electrical parts. For instance, two-wheelers now come fitted with an electricalstarting system as compared to the kick start systems. Electric two-wheelers productionhas started only recently and is expected to boom. Electrical components inpassenger cars and commercial vehicles have also been increasing due to increasingautomation in the vehicles. Such innovations in technology are expected to increasethe demand for electrical parts in the automotive components industry.EquipmentThe equipment segment is also among the smaller segments in the industry interms of value. As of 2005–2006, this segment is estimated to have contributed10 per cent in value i.e. approximately USD 1.2 billion. Major companies in this17
Page 1: The Indian automotivecomponents ind
Page 5 and 6: Table of contentsOverview of the au
Page 7 and 8: The Indian automotivecomponents ind
Page 9 and 10: Companies such as Ford, General Mot
Page 11 and 12: ventures with local suppliers. It s
Page 13 and 14: • They sign long term contracts w
Page 15 and 16: CLUSTERS IN THE AUTOMOTIVE Componen
Page 17: SEGMENTWISE DEMAND FOR AUTOMOTIVE C
Page 21 and 22: International trade scenarioExports
Page 23 and 24: According to an econometric analysi
Page 25 and 26: In 2003, the Indian automotive indu
Page 27 and 28: ReferencesAhya, C, A Xie, S Roach,
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