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10 Most Promising Automotive Components & Accessories Manufacturers - 2018
On the radar of industrial development, automotive components industry has experienced robust growth and has radically transformed due to buoyant end-user market, progressive consumer sentiment and improvement in vehicle performance and engine efficiency. As MarketsandMarkets report suggests, greater power requirements, increased fuel economy and changing customer preferences have compelled the automotive industry to build sophisticated, better built and safer products for consumers; and hence the market is anticipated to record $22.52 billion in 2018 and further grow at a CAGR of 4.27 percent from 2018 to 2025. While the Government of India’s Automotive Mission Plan (AMP) has been the catalyst in escalating the country’s GDP, automotive components and accessories...
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10 Most Promising Automotive Components & Accessories Manufacturers - 2018
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Our subscribers play a decisive role in finalization of our annual list of Top Automotive Components & Accessories Manufacturers - 2018 by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Name | Company Management | Company Description |
|---|---|---|---|
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Amtek | Atul Tandon, CEO | Holding significant expertise in offering a wide range of components for 2 & 3-wheelers, cars, tractors, light commercial vehicles (LCV), heavy commercial vehicles (HCV) and stationary engines |
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AVTEC | C. K. Birla, Chairman | Delivering competency across the entire value chain of design & manufacture of engines and high precision components like cylinder heads, cylinder blocks, crank shafts, cam shafts, cam rods and transmission gears for automotive, off-highway, Agriculture and Railway industry |
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Bharat Forge | B. N. Kalyani, Chairman & Managing Director | A technology driven global leader in metal forming, serving several sectors such as automotive, power, oil & gas, construction & mining, locomotive, marine, and aerospace |
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CEAT | Arnab Banerjee, Executive Director | One of India's leading tyre manufacturers offering a wide range of tyres, along with manufacturing world-class radials for heavy-duty trucks & buses, light commercial vehicles, earthmovers, forklifts, and more |
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Elite Industries | Amrit Jain, CEO | One of India's oldest automobile accessories manufacturing company boasting of over four decades of experience in manufacturing Steering Wheel Covers, Seat Cusgions, Door Visors, and more |
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Huf India | Sunil Kumar Garg, MD, Alok Rai, Manufacturing Head & Shyam Agarwal, Strategic Marketing | Specializes in Design, Manufacturing & Supply of locksets, mechanical steering column locks, Ignition Switches and door handles (Outside & Inside) for a wide range of OEMs with emphasis on highly productive and top-notch automation |
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JBM Auto Components | S. K. Arya, Chairman | A tier-1 global supplier for the OEM industry serving automotive, engineering & design services, renewable energy and education sectors, with quality delivery, solutions approach, product development processes, flexible manufacturing systems and contract manufacturing |
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Sona Koyo | Sanjay Kapur, CEO | Boasting of excellent engineering capabilities in the areas of machining and assembly, precision forging, cold & hot forging and heat treatment, with a range of products like steering and driveline components for the automotive OEM segment |
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UnoMinda | Nirmal K. Minda, Chairman & Managing Director | A leading Tier-1 supplier of Proprietary Automotive Solutions to Original Equipment Manufacturers (OEMs), like CNG/LPG kits, lighting, batteries, fuel caps, and renewable and energy efficient devices, with maximum utility of innovation and technology |
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Wheels India Limited | S. Ram, Chairman | A TVS Group promotion, that is one of the world's largest Steel-Wheel manufacturers for commercial vehicles, earthmoving and construction equipment with air suspension kits for trucks and buses |