India Automotive Components Market By Vehicle Type (Passenger Cars and Commercial Vehicles), By Component (Engine Parts, Body & Chassis, Suspension & Brakes, Drive Transmission & Steering Parts, Electrical Parts and Equipment), By Demand Category (OEM Vs Replacement), By Region, Competition, Opportunities & Forecast, 2021-2031F
Market Overview
The India Automotive Components Market was valued at USD 82.7 billion in 2025 and is projected to reach USD 136.0 billion by 2031, registering a CAGR of 10.5% during the forecast period. The market is witnessing dynamic growth due to rising vehicle production, evolving consumer demand, and accelerating adoption of electric and hybrid technologies. Increased output of passenger and commercial vehicles is directly driving demand for a wide array of components including engines, electronics, and drivetrains. At the same time, manufacturers are focusing on innovation to meet requirements for fuel efficiency, reduced emissions, and integration of advanced infotainment and safety systems. The ongoing shift toward automation and digitalization in manufacturing is further enhancing component quality and productivity while optimizing costs. These combined trends are fostering a robust ecosystem for automotive component suppliers, OEMs, and aftermarket players.
Key Market Drivers
Growth in Vehicle Production
The rising production of vehicles in India serves as a core driver for the automotive components market. As demand for passenger and commercial vehicles increases, so does the requirement for essential parts such as engines, transmissions, electronic modules, and safety systems. Automakers are launching a greater variety of models to cater to diverse consumer preferences, leading to increased complexity and volume of component sourcing. This environment benefits component manufacturers through higher order volumes and long-term supply agreements with OEMs. Additionally, the push for electric mobility has spurred the establishment of extensive EV infrastructure—including the government's approval of 2,877 charging stations across states and 1,576 along major highways. This development accelerates the need for specialized components like charging connectors, EV drive systems, and thermal management solutions, further boosting market demand across multiple segments.
Key Market Challenges
Complex Supply Chains
Managing the intricacies of the automotive supply chain presents a considerable challenge for component manufacturers. The production process involves coordination across numerous suppliers, sub-assemblies, and raw material inputs—requiring seamless logistics and precise timing. Any disruption, whether due to material shortages, geopolitical factors, or transportation delays, can hinder production schedules and inflate costs. Maintaining quality assurance across the supply chain while managing supplier reliability and inventory turnover remains critical. The pressure to ensure just-in-time delivery models, especially for OEMs, demands robust planning and resilience-building strategies to minimize risks and maintain operational continuity.
Key Market Trends
Integration of IoT and Connectivity
A defining trend in the India automotive components market is the growing integration of Internet of Things (IoT) and connectivity features. The rise of connected vehicles is driving demand for components that enable real-time communication, diagnostics, and vehicle-to-everything (V2X) systems. Sensors, telematics modules, embedded software, and over-the-air update capabilities are becoming essential features across vehicle categories. These technologies support enhanced safety, predictive maintenance, and user-centric infotainment experiences. Component suppliers are now developing smart systems that can communicate with both internal vehicle systems and external infrastructure, positioning connectivity as a central focus of future product development.
Key Market Players
Report Scope:
In this report, the India Automotive Components Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the India Automotive Components Market.
Available Customizations:
India Automotive Components Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
The India Automotive Components Market was valued at USD 82.7 billion in 2025 and is projected to reach USD 136.0 billion by 2031, registering a CAGR of 10.5% during the forecast period. The market is witnessing dynamic growth due to rising vehicle production, evolving consumer demand, and accelerating adoption of electric and hybrid technologies. Increased output of passenger and commercial vehicles is directly driving demand for a wide array of components including engines, electronics, and drivetrains. At the same time, manufacturers are focusing on innovation to meet requirements for fuel efficiency, reduced emissions, and integration of advanced infotainment and safety systems. The ongoing shift toward automation and digitalization in manufacturing is further enhancing component quality and productivity while optimizing costs. These combined trends are fostering a robust ecosystem for automotive component suppliers, OEMs, and aftermarket players.
Key Market Drivers
Growth in Vehicle Production
The rising production of vehicles in India serves as a core driver for the automotive components market. As demand for passenger and commercial vehicles increases, so does the requirement for essential parts such as engines, transmissions, electronic modules, and safety systems. Automakers are launching a greater variety of models to cater to diverse consumer preferences, leading to increased complexity and volume of component sourcing. This environment benefits component manufacturers through higher order volumes and long-term supply agreements with OEMs. Additionally, the push for electric mobility has spurred the establishment of extensive EV infrastructure—including the government's approval of 2,877 charging stations across states and 1,576 along major highways. This development accelerates the need for specialized components like charging connectors, EV drive systems, and thermal management solutions, further boosting market demand across multiple segments.
Key Market Challenges
Complex Supply Chains
Managing the intricacies of the automotive supply chain presents a considerable challenge for component manufacturers. The production process involves coordination across numerous suppliers, sub-assemblies, and raw material inputs—requiring seamless logistics and precise timing. Any disruption, whether due to material shortages, geopolitical factors, or transportation delays, can hinder production schedules and inflate costs. Maintaining quality assurance across the supply chain while managing supplier reliability and inventory turnover remains critical. The pressure to ensure just-in-time delivery models, especially for OEMs, demands robust planning and resilience-building strategies to minimize risks and maintain operational continuity.
Key Market Trends
Integration of IoT and Connectivity
A defining trend in the India automotive components market is the growing integration of Internet of Things (IoT) and connectivity features. The rise of connected vehicles is driving demand for components that enable real-time communication, diagnostics, and vehicle-to-everything (V2X) systems. Sensors, telematics modules, embedded software, and over-the-air update capabilities are becoming essential features across vehicle categories. These technologies support enhanced safety, predictive maintenance, and user-centric infotainment experiences. Component suppliers are now developing smart systems that can communicate with both internal vehicle systems and external infrastructure, positioning connectivity as a central focus of future product development.
Key Market Players
- Bosch Limited
- Samvardhana Motherson International Limited
- Bharat Forge Limited
- Sundaram-Clayton Limited
- Amara Raja Batteries Limited
- Exide Industries Limited
- Varroc Engineering Limited
- UNO Minda Limited
- Endurance Technologies Limited
- Pricol Limited
Report Scope:
In this report, the India Automotive Components Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- India Automotive Components Market, By Vehicle Type:
- Passenger Cars
- Commercial Vehicles
- India Automotive Components Market, By Component:
- Engine Parts
- Body & Chassis, Suspension & Brakes
- Drive Transmission & Steering Parts
- Electrical Parts and Equipment
- India Automotive Components Market, By Demand Category:
- OEM
- Replacement
- India Automotive Components Market, By Region:
- North
- East
- West
- South
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the India Automotive Components Market.
Available Customizations:
India Automotive Components Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. INTRODUCTION
1.1. Research Tenure Considered
1.2. Market Definition
1.3. Scope of the Market
1.4. Markets Covered
1.5. Years Considered for Study
1.6. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Regions
4. INDIA AUTOMOTIVE COMPONENTS MARKET OUTLOOK
4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Vehicle Type Market Share Analysis (Passenger Cars and Commercial Vehicles)
4.2.2. By Components Market Share Analysis (Engine Parts, Body & Chassis, Suspension & Brakes, Drive Transmission & Steering Parts, Electrical Parts and Equipment)
4.2.3. By Demand Category Market Share Analysis (OEM Vs Replacement)
4.2.4. By Regional Market Share Analysis
4.2.5. By Top 5 Companies Market Share Analysis, Others (2025)
4.3. India Automotive Components Market Mapping & Opportunity Assessment
5. INDIA PASSENGER CARS COMPONENTS MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Components Market Share Analysis
5.2.2. By Demand Category Market Share Analysis
6. INDIA COMMERCIAL VEHICLES COMPONENTS MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Components Market Share Analysis
6.2.2. By Demand Category Market Share Analysis
7. MARKET DYNAMICS
7.1. Drivers
7.2. Challenges
8. MARKET TRENDS & DEVELOPMENTS
9. PORTERS FIVE FORCES ANALYSIS
10. POLICY AND REGULATORY LANDSCAPE
11. ECONOMIC PROFILE
12. KEY MARKET DISRUPTIONS
12.1. Pandemic
12.2. Conflicts
12.3. Trade Barriers
13. COMPETITIVE LANDSCAPE
13.1. Company Profiles
13.1.1. Bosch Limited
13.1.1.1. Company Details
13.1.1.2. Types
13.1.1.3. Financials (As Per Availability)
13.1.1.4. Key Market Focus & Geographical Presence
13.1.1.5. Recent Developments
13.1.1.6. Key Management Personnel
13.1.2. Samvardhana Motherson International Limited
13.1.3. Bharat Forge Limited
13.1.4. Sundaram-Clayton Limited
13.1.5. Amara Raja Batteries Limited
13.1.6. Exide Industries Limited
13.1.7. Varroc Engineering Limited
13.1.8. UNO Minda Limited
13.1.9. Endurance Technologies Limited
13.1.10. Pricol Limited
14. STRATEGIC RECOMMENDATIONS
15. ABOUT US & DISCLAIMER
1.1. Research Tenure Considered
1.2. Market Definition
1.3. Scope of the Market
1.4. Markets Covered
1.5. Years Considered for Study
1.6. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Regions
4. INDIA AUTOMOTIVE COMPONENTS MARKET OUTLOOK
4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Vehicle Type Market Share Analysis (Passenger Cars and Commercial Vehicles)
4.2.2. By Components Market Share Analysis (Engine Parts, Body & Chassis, Suspension & Brakes, Drive Transmission & Steering Parts, Electrical Parts and Equipment)
4.2.3. By Demand Category Market Share Analysis (OEM Vs Replacement)
4.2.4. By Regional Market Share Analysis
4.2.5. By Top 5 Companies Market Share Analysis, Others (2025)
4.3. India Automotive Components Market Mapping & Opportunity Assessment
5. INDIA PASSENGER CARS COMPONENTS MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Components Market Share Analysis
5.2.2. By Demand Category Market Share Analysis
6. INDIA COMMERCIAL VEHICLES COMPONENTS MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Components Market Share Analysis
6.2.2. By Demand Category Market Share Analysis
7. MARKET DYNAMICS
7.1. Drivers
7.2. Challenges
8. MARKET TRENDS & DEVELOPMENTS
9. PORTERS FIVE FORCES ANALYSIS
10. POLICY AND REGULATORY LANDSCAPE
11. ECONOMIC PROFILE
12. KEY MARKET DISRUPTIONS
12.1. Pandemic
12.2. Conflicts
12.3. Trade Barriers
13. COMPETITIVE LANDSCAPE
13.1. Company Profiles
13.1.1. Bosch Limited
13.1.1.1. Company Details
13.1.1.2. Types
13.1.1.3. Financials (As Per Availability)
13.1.1.4. Key Market Focus & Geographical Presence
13.1.1.5. Recent Developments
13.1.1.6. Key Management Personnel
13.1.2. Samvardhana Motherson International Limited
13.1.3. Bharat Forge Limited
13.1.4. Sundaram-Clayton Limited
13.1.5. Amara Raja Batteries Limited
13.1.6. Exide Industries Limited
13.1.7. Varroc Engineering Limited
13.1.8. UNO Minda Limited
13.1.9. Endurance Technologies Limited
13.1.10. Pricol Limited
14. STRATEGIC RECOMMENDATIONS
15. ABOUT US & DISCLAIMER
