in India The Indian automotive components industry - TeknikfÃ¶retagen

More documents

Recommendations

Info

Indian automotive components manufacturing industry has maturedThe industry has developed the credential to manufacture the entire range ofcomponents required to manufacture vehicles which is clear from the high levelsof indigenization that the industry has achieved. For instance, Tata Motors, one ofIndia’s largest vehicle manufacturers is producing its new model Tata Nano, using97 per cent local content. 2Currently, more than 60 per cent of automotive components exports cater to USAand Europe, that constitute the high Accepted Quality Level (AQL) markets. 3In the 1990s more than 80 per cent of the exports were made to the internationalafter-market. However in 2005, more than 70 per cent of the exports were madeto global Original Equipment Manufacturers (OEMs) and Tier 1 companies andonly 30 per cent of exports were made to after-market. Thus it can be inferred thatthe automotive components manufacturing industry has reached a high degree ofmaturity in terms of quality and technology over the past few years. 4In fact, according to the Investment Commission of India, 11 Indian manufacturersincluding Sundaram Fasteners and Mahindra & Mahindra have received the covetedDeming Prize. No other country except for Japan has won the Deming Prize thesemany times. 5Large manufacturers of automotive componentsThere are a large number of domestic manufacturers of automotive components.Some of the major Indian manufacturers of automotive components are TACO,part of the Tata Group, Sundaram Clayton part of the TVS group, Munjal Showapart of Hero group, Amtek Auto, Bharat Forge, Lucas-TVS and Minda India Limited(MIL) among others. Major global players in the industry include Delphi, Visteonwhich is part of Ford Motors, Bosch Limited which is part of the Bosch groupand Motherson Sumi Systems which is part of the Sumi Motherson Group.2 ) Reference has been made to Indiacar Private Limited (2nd September 2008)3) Ministry of Heavy Industries and Public Enterprises (2006c) has been referred4) Ministry of Heavy Industries and Public Enterprises (2006b) has been referred5 ) The Deming Prize is one of the most prestigious awards given for advancement in quality. Originally, it was madefor rewarding Japanese manufacturers but now this prize is also awarded to companies from other countries6
Companies such as Ford, General Motors, Mercedes Benz, Fiat, Volkswagen, Hyundaiand Toyota among others are making India their hub for procurement of componentsand there are several joint ventures taking place in the industry.Shown below is a table of the largest OEMs and suppliers in India. Indian OEMsand suppliers as well as foreign OEMs and suppliers have been mentioned.LARGE MANUFACTURERS OF AUTOMOTIVE COMPONENTSBoth OEMs and suppliers have been mentioned. It must be noted that the list is not exhaustive.Foreign OEMs Foreign suppliers Indian OEMs Indian suppliersGeneral Motors Bosch Tata Motors Bharat ForgeBMW Valeo Maruti Suzuki Sundaram FastenersMercedes Benz Eaton Mahindra & Mahindra Shriram PistonsVolvo Arvin Meritor Bajaj Auto Rico AutoVolkswagen Motherson Sumi TVS Motors Sona Koyo SteeringFiat Continental Hero Honda Rane GroupCummins Delphi Ashok Leyland Lucas-TVSFord Visteon Hindustan Motors TACOToyota Denso Atul Auto Amtek AutoNissan TRW _ Munjal ShowaSource: Industry research and analysisEvolution of the automotive components industryIn the pre-1985 era, the automotive components industry was protected by hightariffs and the market was primarily supplying to the domestic manufacturers.In the 1980s, the Government of India (GOI) introduced the Phased ManufacturingPlan (PMP) and laid the foundation for development of the automotive industry.After the entry of the Japanese manufacturers and growth of two wheeler manufacturing,a number of Indian companies formed joint ventures with Japanese, Europeanand American companies.7
Page 1: The Indian automotivecomponents ind
Page 5 and 6: Table of contentsOverview of the au
Page 7: The Indian automotivecomponents ind
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 and 18: SEGMENTWISE DEMAND FOR AUTOMOTIVE C
Page 19 and 20: Clutches - Luk Clutches is the majo
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,
Page 30: Best.nr V110113www.teknikforetagen.

in India The Indian automotive components industry - TeknikfÃ¶retagen

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?