India shining as one of the leading Automobile parts manufacturers

India is experiencing a heavy surge in automobile spare parts manufacturing. With anannual turnover contributing to43% of the economy, it caters to buyers like the European countries and Australia. Exporters and importers of automobile parts in India have a steady growth, as every renowned brand in the automobile industry has entered the Indian market in recent years.

Motor vehicle engines, heating and cooling system parts, Ventilation and air conditioning all these are produced in India from different manufacturing units. It helps the companies, to cut the cost of importing machinery and spare parts from overseas and paying hefty custom duties.

Organizations such as ACMA (Automotive Component Manufacturers Association of India) maintain the details about all the automobile manufacturers of India. TATA motors and Maruti Udyog are the leading four wheeler producing companies of the country. Their market shares are higher compared to other players in the market. As time passed by, global leaders like Audi have entered the arena with much vigour.

The automotive parts manufacturer Bajajsons has its production units across the country; Ludhiana, Nashik and Haridwar, Roorkeeare the locations whereas; Ludhiana has three units.Chennai got the major number of automobile parts exporters and manufacturing units compared to other Indian cities. The Apollo tyres at Oragadam has an investment of 2100 Crore Rupees, wheras JK tyres, MRF and Michelin got the numbers respectively; 1000, 11000 and 1400 Crore Rupees.

Tube products of India, Caterpillar, Bharat Forge, Brakes India and Ennore Foundries are the notable venture in the motor vehicle spare parts industry.

Our database features the best in the industry companies, which belongs to automobile and spare parts production and distribution in India. Visit us on :  http://in.kompass.com/live/en/g53199904w6844010/motor-vehicle-engine-fuel-system-exhaust-cooling-heating-air-conditioning-parts-spare-trade/fuel-pumps-spare-parts-components-filters-motor-vehicle-trade-1.html