India has emerged as a global hub for the R&D and manufacturing of next-gen automobile components.
160
markets supplied by Indian auto-part makers.
US$200bn
projected turnover of automotive components segment by 2026.
5mn
people employed by the automotive components sector.
us$25.85 bn.
Total FDI inflows during April 2000 to March 2021
100%
foreign investment allowed under the automatic route.
US$100bn
of auto-components exports targeted by industry by 2026.
40%
of global engineering and R&D activities are located in India.
2.3%
of India's GDP currently and is set to become the 3rd largest globally by 2025.
Electric
growing capacity in electric mobility offers opportunities.
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India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments
Bosch has 18 manufacturing sites and 7 development and application centres in India
AISIN mainly exports for Toyota in Europe and Suzuki in Thailand from its manufacturing facilities in India
Delphi has 4 manufacturing facilities in India and supplies to Maruti Suzuki India Limited, General Motors India, Volvo etc.
DENSO has a manufacturing facility, 7 R&D centres and employs 4,000 employees in six group companies
Magneti Marelli manufactures in India and supplies to all the leading car manufacturers
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments