India is one of the dominating countries in the branch of automobiles. The ongoing growth in the field of this industry took India to another level of automation. At present India is moving towards the 4th largest auto components manufacturer.
Currently, India is preferred as a vendor company for the highly rated l companies across the world in term of auto components. The key factor behind it is the production of the auto components at very low cost as compared with other suppliers and this is possible due to the availability of cheap labor in India.
Mostly the leading automotive companies are dealing with the Indian companies for the auto components at effective cost. The auto component manufacturers in India getting into the list of top 100 companies globally are- Motherson Sumi System, Bharat Forge, Sundram Fasteners, Sundaram Clayton and both India. Some other Auto component manufacturers in India are great, Dunlop, excide, Bharat Seats, AVTEC, group, Lucas TVS, Anand, MIL, Sona Koyo Steering systems Limited etc.
Thus, from the above explanation, you may understand the accelerating automotive companies in India and all this because of their high-quality service at a very less cost when compared with other suppliers.