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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segment are Pricol, Lumax Industries and Siemens VDO among others. <strong>The</strong> majorproducts manufactured <strong>in</strong> this segment <strong>in</strong>clude headlights, dashboard <strong>in</strong>struments,wiper motors and electric horns.Sub-segments like headlights may experience a significant expansion to meet thedemands of the foreign car manufacturers and they also have a strong potential forexports. <strong>The</strong> tie-up between MIL and Volkswagen is an example. MIL has tied upwith Volkswagen to supply headlights and rear comb<strong>in</strong>ation lamps for Volkswagen´sfacilities <strong>in</strong> other parts of the world.OthersAll other <strong>components</strong> are classified <strong>in</strong> the others segment. Sheet metal <strong>components</strong>,fan belts and plastic parts are three of the major sub-segments. International majorslike Delphi are present <strong>in</strong> the rear view enterta<strong>in</strong>ment sub-segment and the shareand size of this sub-segment is likely to <strong>in</strong>crease significantly. This is because thisk<strong>in</strong>d of enterta<strong>in</strong>ment is still rare and is offered by few manufactur<strong>in</strong>g companies asthe price is high and demand is low. However with <strong>in</strong>creas<strong>in</strong>g <strong>in</strong>comes and demandfor automobiles, the demand for such <strong>components</strong> is also expected to rise. In someof the other sub-segments like the iron cast<strong>in</strong>gs segment, Autocast Limited andBrakes <strong>India</strong> Limited are dom<strong>in</strong>ant. <strong>The</strong> wir<strong>in</strong>g harness and parts sub-segment isdom<strong>in</strong>ated by Motherson Sumi Systems Limited. 20Snapshot of the <strong>India</strong>n Tyre Industry<strong>India</strong> is one of the few countries that have atta<strong>in</strong>ed self-sufficiency <strong>in</strong> manufactur<strong>in</strong>gof tyres except for some special k<strong>in</strong>ds of tyres like aircraft tyres and snow tyres. Atotal of 65 million tyres were produced <strong>in</strong> the year 2005–2006 of which 62 millionwere used <strong>in</strong> <strong>India</strong>. <strong>The</strong> tyre <strong>in</strong>dustry is expected to grow at the rate of 7 per centper year till 2012. <strong>The</strong> turnover of the tyre <strong>in</strong>dustry was Rs. 135 billion out of whichtyres worth Rs. 23 billion were exported <strong>in</strong> the year 2005–2006. 2120) Reference has been made to Cygnus Bus<strong>in</strong>ess Consult<strong>in</strong>g & Research (2007)21) Reference has been made to M<strong>in</strong>istry of Heavy Industries and Public Enterprises (2006b)18
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