Top Auto Ancillary Companies in India
The Indian Auto Ancillary industry is one of the sunrise industries in India with higher growth prospects. This industry is a crucial segment of the economy in a country as it bridges many services and industries. The auto ancillary industry in the country has the potential to develop as one of the major players in the world and this industry of the country holds the pride of being the fourth largest commercial vehicle market in the world, second largest two-wheeler market in the world, largest three-wheeler market in the world and largest two-wheeler manufacturer in the world.
Right from its beginning in 1940s, the auto ancillary industry in India has come a long way and when tracing the development of this sector in India, it can be divided into three different groups namely period prior to the entry of Maruti Udhyog Limited and period after the entry of Maruti Udhyog Limited and period after liberalization. The names of some of the top players in India in the Auto Ancillary industry are given below:
Top six companies in the Auto Ancillary industry in India:
• Amtek India
• Aditya Gears Limited
• Brakes India Limited
• Dynamatic Technologies Limited:
• Goodyear India Limited
• Tube Investments of India Limited
Some of the details regarding these top players in the Auto Ancillary sector in India are given below:
Amtek India:
Amtek India is a diversified component supplier in the global supply chain and auto ancillary manufacturing industry. This forward looking company is engaged in the manufacture of components, modules, assemblies and automotive systems in the auto ancillary sector. Over the past several years of its existence the company has lived upto its commitment to fulfill the increasing indigenous demand in the auto ancillary industry and thus they have now shown their indigenous presence in the industry.
Aditya Gears Limited:
Aditya Gears Limited is operating from the city of Kolkata and they are focusing on products like motors, transmission device and components, drive shafts and construction products in the auto ancillary industry.
Brakes India Limited:
Brakes India Limited came into existence in the year 1962 and they are paying particular focus on the quality of products, processes and services by setting the global standards as their benchmark. They are operating from the city of Chennai in Tamil Nadu and they are using information technology commensurate with business requirement facilities for business processes, marketing, manufacturing, development and product design of auto ancillary components.
Dynamatic Technologies Limited:
Dynamatic Technologies Limited are operating from their corporate office at the city of Bangalore in India with automotive factory in the district of Kanchipuram in Tamil Nadu. In addition to auto ancillary products, they are also engaged in other industries like powermetric, metallurgy, hydraulics and aerospace industry. In the automotive sector, they are engaged in the production of high quality ferrous and non-ferrous transmission components and critical engine. They have some of the top companies in India and abroad as their customers.
Goodyear India Limited:
Goodyear India Limited is operating from the city of New Delhi in India with centres in Maharashtra and Haryana. They are operating in the industrial field for more than 100 years and they are able to stay ahead of the competition due to their committed efforts. They are engaged in manufacture of tyres in the auto ancillary sector in India.
Tube Investments of India Limited:
Tube Investments of India Limited came into existence in the year 1900, they are operating from the city of Chennai in Tami Nadu, and they are engaged in different sectors like technology, metal formed products, engineering, cycles and components. Their popular subsidiaries are TI Metal forming, TIDC India, Tube products of India, TI Cycles of India and BSA motors.
Thus, these auto ancillary companies play a great role in the development of automotive industry in India.
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