in India The Indian automotive components industry - Teknikföretagen

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