Auto Components Industry

The automotive component industry has around Rs 98,000 crore locked in inventory, of which Rs 29,000-39,000 crore could potentially be released by improving inventory management, according to a Vector Consulting Group report. The report said the potential working-capital release could include Rs 4,000-5,600 crore within the MSME ecosystem, which accounts for around 80 per cent of auto component manufacturers in the country. According to Vector Consulting Group's white paper, The Broken Flywheel: Building a Future-Ready Automotive Supply Ecosystem, firms adopting consumption-based replenishment approaches typically reduce inventory by 30-40 per cent, based on the consulting firm's implementation experience. The total sample size comprised 21 senior industry executives, with the data collection period from July to August 2026. The study also estimated that India's automotive component MSMEs account for approximately Rs 2.4-2.9 lakh crore in turnover. A 30 per cent improvement in ...

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The company reported a 14 per cent rise in revenue from operations to ​31,409 crore, driven by growth in its wiring harness, electronics and diversified industrial segments

India's auto component exporters may see relief under the interim US-India trade framework, but industry bodies say clarity on Section 232 tariffs and quota rules is needed to gauge gains

The India-EU deal is expected to reshape competitive dynamics and market access on both sides while providing better access to European markets for Indian auto and component exports, aiding the sector's long-term growth prospects, according to a report by Icra. It is expected to give a boost to premium vehicle imports, but have limited disruption to the mass market, it added. The sharp reduction in duties on EU-made vehicles (completely built units) is expected to drop from as high as 110 per cent to 10 per cent over time for a fixed quota/annum, above an import price of Euro 15,000/vehicle, the report said, adding that this will open India's car market to European original equipment manufacturers (OEMs). "Lower tariffs are expected to improve access for European brands like BMW, Mercedes, Audi, and Porsche, enabling competitive pricing and new growth opportunities in India's fast-expanding auto market," the report pointed out. It, however, said there will be a limited impact on th

Brokerages and industry bodies say easing US reciprocal tariffs to 18% will materially boost competitiveness and exports of Indian auto component makers, while gains for vehicle OEMs remain limited

The Indian auto component industry grew by 6.8 per cent year-on-year to Rs 3.56 lakh crore in the April-September period of FY26, industry body ACMA said on Wednesday. The industry reported a turnover of Rs 3.33 lakh crore in April-September FY25. The growth in the six-month period was supported by stable domestic demand, a resilient aftermarket, and continued investments in capacity expansion, localisation and technology upgradation, the Automotive Component Manufacturers Association (ACMA) said in a statement. Sales to OEMs rose by 7.3 per cent to Rs 3.04 lakh crore during the period, led primarily by the passenger vehicle and LCV segments, it added. The aftermarket recorded a robust growth of 9 per cent clocking Rs 53,160 crore , driven by an expanding vehicle parc, increasing formalisation of the repair and maintenance ecosystem, and deeper penetration of organised channels, the industry body said. On the external trade front, exports of auto components grew by 9.3 per cent to

Investments are increasingly driven by electric vehicles, safety systems and higher electronics content per vehicle, even as export-focused firms remain cautious amid global trade uncertainty

JM Financial has set a target price of ₹215 for Belrise Industries stock, valuing it at 25x FY28E P/E

SJS Enterprises stock rose 4% in Thursday's trade. Analysts believe SJS is set to benefit from premiumization in PVs, 2Ws and appliances with an addressable market set to double to ₹11,900 cr by FY28E

Auto components major SKF India group, which has undergone demerger of its automotive and industrial businesses, plans to invest up to Rs 1,460 crore by 2030 across the two verticals, including capacity expansion and setting up of a new plant. The company expects the demerged industrial entity, SKF India (Industrial) Ltd , to be listed by November this year, subject to necessary approvals. The demerger of the industrial business has been completed effective October 1, 2025, with the National Company Law Tribunal (NCLT), Mumbai bench sanctioning the scheme, SKF India Ltd said in a regulatory filing. Under the demerger scheme, each shareholder of SKF India Ltd will receive one fully paid equity share of SKF India (Industrial) Ltd for every share held in SKF India Ltd, which will continue as the automotive entity, thereby preserving ownership while offering direct exposure to two complementary growth stories, the company said in a statement. SKF India (Industrial) Ltd will pursue grow

Minda Corporation's FY30 revenue target of ₹17,500 cr implies a 28 per cent compound annual growth rate (CAGR) over FY25-30E, while Ebitda is projected at ₹2,100 cr, reflecting a 30 per cent CAGR.

Thus far in the calendar year 2025, Lumax Auto Technologies stock has zoomed 90 per cent, as compared to 2 per cent rise in the BSE Sensex.

Endurance Technologies share price rose on the back of a strong result in the June quarter of financial year 2026 (Q1FY26).

SAMIL's consolidated net profit fell 48.5 per cent year-on-year (Y-o-Y) to ₹512 crore against ₹994 crore in the year-ago period, dragged by softer margins and higher costs.

Sona BLW's consolidated revenue for Q1FY26 came in at ₹850.9 crore, marking a 5 per cent year-on-year (Y-o-Y) decline.