Abstract
It has taken a long time for India' s components industry to reach a point
where it is being taken seriously. Years of negative, restricted economic
planning meant there was a lot of ground to make up once the Indian auto
industry was deregulated in the 1990s.
Since then, an influx of overseas technology and know-how has provided the
impetus for improvements in quality and productivity, to a point where many
global companies now view India more favorably than China as a source point
for components.
It seems that global Tier 1s are increasingly confident about India' s ability
to build more complex parts, and are relocating more complicated systems work
to India rather than simply building basic parts there.
So, with India' s position and influence in the global auto industry set to
keep on growing, just-auto has decided to publish its timely, first edition of
the Indian components report.
Use this report to discover which manufacturers are shifting operations to
India, who the top component companies in India are, and what they produce,
plus what the future holds for this important emerging market.
Table of Contents
Chapter 1 Background and brief history of the Indian automotive sector
- Planned economy leads to a stagnant sector
- Development of the components industry
- Policy changes in the 1980s
- Maruti: How the Indian ' people' s car' stimulated the market
- Maruti' s role in stimulating the components sector
- 1990s recession strengthens Maruti' s hand
- De-licensing opens the doors to foreign investors
- Recovery post-Asian economic crisis
- Components industry performance post-de-licensing
Chapter 2 Component supply structure and characteristics
- Current industry size and value
- Components sector extremely fragmented
- Geographical distribution of the supplier sector
- Chennai and the south
- Delhi and the north
- Mumbai-Pune-Nashik - ' the golden triangle'
- Special economic zones
- Broad spread of component production
- Tier 1 suppliers enter the Indian market
- ' Tierisation'
- Technological strengths of Indian engineering sector
- Government initiatives
- AMP - The Indian government' s ten-year auto industry plan.
- Organised sector increasingly focusing on replacement market
- Exports drive 21st century growth of the components sector
- Quality levels on the rise
- Productivity improvements
- Increasing quality means higher-value components to be produced in India
- Major components companies relocating operations to India
Chapter 3 Indian-owned components companies
- Case study - India' s own Tier 1 giant: Tata Autocomp Systems
- Indian components companies' overseas acquisitions
- Bharat Forge
- Mahindra & Mahindra
- Suprajit Engineering
- Continental Engines
- Autoline Industries Ltd
Chapter 4 Sourcing
- Manufacturer sourcing strategies
- Current sourcing policies
- Manufacturers reducing their supplier bases
- Specific manufacturer sourcing initiatives
- Toyota
- Ford
- BMW
- Renault Nissan
- General Motors
- Fiat
- DaimlerChrysler
- Honda
- Hyundai
- PSA Peugeot Citroen
- Volvo Truck
- MAN
Chapter 5 Recent activity by major global Tier 1 suppliers in India
- Bosch
- Delphi
- Visteon
- Eaton
- Hitachi
- Modine Manufacturing
- Pierburg
- Mann+Hummel Filter Private Limited
- Mando Corp
- Valeo
- GKN Driveline
Chapter 6 Conclusions
List of figures
- Figure 1: Indian components industry growth, 1997-2014 (US$bn)
- Figure 2: Indian components industry exports, 1997-2014 (US$bn)
- Figure 3: Indian components exports by region, 2006 (%)
List of tables
- Table 1: Vehicles permitted to be produced in India from 1957
- Table 2: Indian components industry: breakdown by product group, 2006 (%)
- Table 3: Major Tier 1 suppliers operating in the Indian market, 2007
- Table 4: Leading Indian components companies, 2006 (INRm)
- Table 5: Tata Autocomp Systems' subsidiary companies in India, 2007
- Table 6: Overseas acquisitions by Indian component manufacturers since
2000 (US$m)
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