India has emerged as a global player in the auto component industry. The high quality of automotive spare parts and the low labour costs are primary reasons for the escalation of India from the position of a local supplier to that of a globally recognized player. This tremendous growth has made the country a lucrative destination for foreign investment. As per reports, the automotive component industry is now poised to touch a whopping US$ 104 billion by 2020.
The automotive spare parts market in India is divided into segments comprising two-wheelers, three-wheelers, passenger cars and commercial vehicles.
Here’s a list of the top 5 names in the Indian automobile spare parts market:
1. Lucas TVS
Lucas TVS was established through a joint venture between Lucas UK and TVS India in 1962. However, Lucas TVS became a wholly-owned Indian company in 2001 after Lucas UK ceased to exist worldwide. The company is a leader in auto electricals in the country and has more than 50 years of experience in designing, manufacturing and supplying products to OEMs across the world. Their products comprise OEMs, aftermarket and non-automotive products.
2. Bosch
In India, Bosch has the largest development centre, outside Germany, for engineering and technology solutions. Bosch is one of the leading suppliers of technology in various sectors including consumer goods, industrial technology and mobility solutions worldwide. It has about 13 companies that cater to different sectors in the country. The company had set up its manufacturing unit in India in 1951 and has since expanded exponentially. Today, Bosch has as many as 18 manufacturing units in India.
3. Delco Remy
Delco Remy caters to the commercial vehicles segment. The company manufactures parts for heavy-duty automotive products and the transportation industry. The company is today known as Remy International. It has been a trusted brand for more than 120 years.
4. Uno Minda
Uno Minda has been one of the top names in the automotive components industry. The company has as many as 62 manufacturing units across the world and is known for its innovative products. In India, the company is headquartered in Manesar and has R&D and engineering centres in Sonepat, Pune and Manesar.
5. Valeo
Valeo has a legacy of more than 90 years to its name. The company had its origins in 1923 in a small workshop in France. Today, the company has a presence in as many as 33 countries. The company has a wide network that comprises automotive companies from across the world. Valeo is a technology supplier and is primarily recognised as a solutions provider for smart mobility. The core focus areas of Valeo’s operations are intuitive driving and reducing CO2 emissions.
If you are looking for automotive spare parts from these leading companies, you can get in touch with Krishna Auto Electric – a trusted name for sourcing original and authentic auto spare parts.
FAQs
1. What is the biggest spare parts market in India?
India has several major auto spare parts markets, but Delhi’s Kashmere Gate, Mumbai’s Opera House, and Chennai’s GP Road are considered among the biggest spare parts markets in India. These hubs are known for wholesale and retail distribution of both OEM and aftermarket components. They serve as primary sources for car parts, commercial vehicle components, and accessories for mechanics, fleet owners, and spare part distributors.
2. Which are the top spare parts companies in India?
India is home to several renowned spare parts companies that supply components both domestically and internationally. Some of the leading names include Bosch India, Minda Industries, Uno Minda, Krishna Auto Electric, and TVS Group. These companies manufacture a wide range of products, from electrical systems and engine parts to braking systems and transmission components, contributing significantly to the automotive supply chain.
3. What are some popular car spare parts company names in India?
Some of the well-known car spare parts company names in India include Bosch, Lumax, Mahle, Valeo, Subros, and Krishna Auto Electric. These brands are trusted for their high-quality products and reliability across various vehicle segments. They supply parts like alternators, starter motors, filters, lights, and sensors for passenger vehicles, commercial vehicles, and two-wheelers.
4. How do I find trusted auto spare parts dealers in India?
To find trusted auto spare parts dealers in India, it’s recommended to go through authorized distributors, online marketplaces with verified sellers, or directly from manufacturer websites like Krishna Auto Electric. You can also visit regional wholesale markets or ask for referrals from automobile service centers. Always ensure the dealer provides genuine parts and offers warranties for added reliability.
5. Who are the leading spare parts manufacturers in India?
Top spare parts manufacturers in India include global and local players such as Bosch, Motherson Sumi Systems, Krishna Auto Electric, Sona Comstar, and Bharat Forge. These companies specialize in a broad array of components including electrical, engine, suspension, and drivetrain parts. Their consistent quality and compliance with international standards have earned them a strong reputation in both OEM and aftermarket sectors.
6. Where can I buy original car spare parts in India?
You can purchase original car spare parts in India from authorized service centers, manufacturer-run retail outlets, or official brand distributors like Krishna Auto Electric. Many brands also sell genuine parts through their own online stores or through certified e-commerce platforms. It’s crucial to check for authentication codes or manufacturer markings to ensure product genuineness.
7. What should I consider before choosing a spare parts company in India?
Before choosing a spare parts company in India, consider factors like brand reputation, quality certifications, product range, customer reviews, and after-sales service. Ensure the company supplies genuine and durable parts that comply with industry standards. Companies like Krishna Auto Electric are ISO-certified and have decades of experience in supplying reliable auto components.
8. How important are spare part distributors in the Indian automobile market?
Spare part distributors play a vital role in the Indian automobile ecosystem by bridging the gap between manufacturers and end-users. They ensure timely availability of components across the country, particularly in remote areas. Efficient distributors also help in maintaining competitive pricing, offering warranty support, and ensuring proper stock levels of high-demand parts.
9. Is the spare parts market in India growing?
Yes, the spare parts market in India is growing rapidly due to increasing vehicle ownership, rising demand for aftermarket services, and a growing focus on maintenance and repair. With the expansion of electric and hybrid vehicles, the auto component industry is also diversifying. Companies like Krishna Auto Electric are scaling up to meet both domestic and export demands in this evolving market.
10. Can I become a dealer or distributor for a spare parts company in India?
Yes, many spare parts manufacturers in India offer dealership and distributorship opportunities. To become a dealer, you typically need to meet criteria such as having a retail space, working capital, and knowledge of the automotive industry. Companies like Krishna Auto Electric actively seek partners to expand their distribution network and provide support through training, marketing materials, and logistics assistance.
Let Us Help You Source High-Quality Spare Parts!
Krishna Auto Electric is one of the leading suppliers of high-quality auto electrical products from top names in the automotive spare parts market. You can get in touch with us by calling us at +91 98 25063530 or writing to us at krishnaautoelectric@yahoo.com. We would be happy to help you!
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