Top 10 Auto Ancillaries Companies in India 2024

Auto ancillaries companies play a crucial role in the automotive sector. These companies are responsible for providing essential products and services that support the automotive industry. In this document, we will explore the different types of auto ancillaries companies and the functions they serve.

Top Auto Ancillaries Companies List by Market Capitalisation

India's auto ancillary industry is a vital segment of the automotive sector, supporting the production and maintenance of vehicles by providing a wide range of components and systems. Here are some of the top auto ancillaries companies in India:

1. Samvardhana Motherson International Ltd

Market Cap: ₹ 101849.62 Cr.
Sales (latest quarter): ₹ 27058.22 Cr.
Net Profit (latest quarter): ₹ 1444 Cr.
Quarterly profit growth: 634.6 %
Exchange: BSE, NSE

Samvardhana Motherson International Ltd (SMIL) is a leading automotive component manufacturer and service provider. The company is headquartered in Noida, Uttar Pradesh, India. SMIL specializes in manufacturing automotive wiring harnesses, electrical and electronic components, and automotive systems.

History

SMIL was established in 1975 as Motherson Sumi Systems Limited. Over the years, the company has established itself as a trusted partner in the global automotive industry. SMIL's strong focus on innovation and continuous improvement has led to significant advancements in its product offerings and capabilities.

Operations

SMIL operates across three key business segments: Wiring Harness, Electronic & Electrical Components, and Systems Integration. The company serves a wide range of customers, including automakers, tier 1 suppliers, and aftermarket distributors. SMIL has a strong global presence and has manufacturing facilities in India, China, Europe, and the USA.

Achievements

Over the years, SMIL has received numerous awards and recognition for its outstanding performance and contribution to the industry. Some of the notable achievements include:

Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India.
Recipient of the Deming Application Prize for excellence in Total Quality Management.
Declared the "Fastest Growing Company" in the automotive sector by the Business Today magazine.
Declared the "Best Indian Company" in the field of automotive parts manufacturing by the NDTV Profit Business Leadership Awards.

Future Outlook

With a strong focus on continuous innovation and customer centricity, SMIL aims to further expand its global footprint and cater to the growing demands of the global automotive industry. The company is committed to providing high-quality automotive components and systems, while also ensuring sustainable practices and responsible manufacturing.

2. Bosch

Market Cap: ₹ 88775.75 Cr.
Sales (latest quarter): ₹ 4233.4 Cr.
Net Profit (latest quarter): ₹ 564.5 Cr.
Quarterly profit growth: 41.48 %
Exchange: BSE, NSE

Bosch is a German multinational engineering and technology company, specializing in automotive technology, consumer goods, and building technology. With a global presence and a wide range of products, Bosch has made significant contributions to various industries.

History

Bosch was founded in 1886 by Robert Bosch in Stuttgart, Germany. The company initially focused on manufacturing electrical components for the automotive industry. Over the years, Bosch expanded its operations to include a wide range of products, including home appliances, power tools, and security systems.

Automotive Technology

Bosch is widely recognized for its expertise in automotive technology. The company offers a wide range of products and services, including automotive components, braking systems, fuel injection systems, and vehicle electronics. Bosch's automotive technology is renowned for its reliability, efficiency, and innovation.

Consumer Goods

In addition to automotive technology, Bosch also has a strong presence in consumer goods. The company manufactures household appliances, such as dishwashers, refrigerators, and vacuum cleaners. Bosch's home appliances are known for their high performance, energy efficiency, and user-friendly features.

Building Technology

Bosch's expertise in building technology encompasses various areas such as heating, ventilation, and air conditioning (HVAC) systems, smart home solutions, and energy management. The company offers innovative solutions for both residential and commercial buildings, helping them optimize energy efficiency and improve comfort.

Innovation and Sustainability

Bosch is committed to innovation and sustainability. The company invests in research and development to stay at the forefront of technological advancements. Bosch also focuses on reducing its environmental footprint through eco-friendly products and manufacturing processes.

Global Presence

Bosch has a presence in over 150 countries, serving customers worldwide. The company's extensive network of manufacturing facilities, research and development centers, and sales offices allows it to respond to local market demands and provide tailored solutions.

3. Uno Minda

Market Cap: ₹ 48718.64 Cr.
Sales (latest quarter): ₹ 3794.02 Cr.
Net Profit (latest quarter): ₹ 301.72 Cr.
Quarterly profit growth: 48.11 %
Exchange: BSE, NSE

Uno Minda is a leading provider of automotive interior solutions. With a global presence and a track record of innovation, the company offers a wide range of products and services to enhance the overall driving experience.

History

Uno Minda was established in 1986 and is headquartered in Gurugram, India. Over the years, the company has grown exponentially, expanding into new markets and establishing manufacturing facilities worldwide. Uno Minda now serves customers in over 30 countries across various automotive segments, including passenger cars, commercial vehicles, and two-wheelers.

Products and Services

Uno Minda offers a wide range of products and services to meet the diverse needs of the automotive industry. Some of its key offerings include:

Interior Components: Uno Minda manufactures a comprehensive range of interior components such as seats, door trim panels, instrument panels, and center consoles. These products are designed to the highest standards of quality, comfort, and durability.
Electrical Systems: The company specializes in providing electrical systems for vehicles, including power windows, central locking systems, and seat adjustment mechanisms. These systems are designed to enhance convenience and ensure smooth operation.
Exterior Components: Uno Minda also offers exterior components such as bumpers, fenders, and grilles. These products contribute to the aesthetics and overall styling of a vehicle.
Electronics Systems: Uno Minda has emerged as a leader in electronics systems integration, providing cutting-edge infotainment, navigation, and connectivity solutions for vehicles. These systems enhance the driving experience and provide passengers with a state-of-the-art experience.
Aftermarket Services: Uno Minda provides aftermarket services, including spare parts, repairs, and retrofit solutions. These services cater to the needs of vehicle owners and ensure the ongoing reliability and performance of their vehicles.

Innovation and Sustainability

Uno Minda is committed to innovation and sustainability in the automotive industry. The company invests in research and development to stay at the forefront of technological advancements and to meet the evolving needs of our customers. Additionally, Uno Minda focuses on reducing its environmental impact and adopting sustainable manufacturing processes.

Global Presence

Uno Minda has a global presence, with manufacturing facilities and offices in several countries worldwide. This allows the company to serve its customers effectively and provide localized support. With a customer-centric approach and a strong focus on quality, Uno Minda has established a reputation for reliability and excellence in the automotive industry.

4. Exide Industries

Market Cap: ₹ 41488.5 Cr.
Sales (latest quarter): ₹ 4172.9 Cr.
Net Profit (latest quarter): ₹ 185.7 Cr.
Quarterly profit growth: 2.56 %
Exchange: BSE, NSE

Exide Industries Limited is a leading manufacturer and distributor of batteries in India. It is one of the largest battery companies in the world, with a strong presence in various countries. The company was founded in the 1930s and has a rich history of innovation and technological advancements.

Products and Services

Exide Industries offers a wide range of batteries for various applications. Some of the major product categories include:

Automotive Batteries: Exide offers high-quality batteries for cars, trucks, and other vehicles. These batteries are known for their durability and reliability.
Industrial Batteries: Exide manufactures batteries for various industrial applications, including forklifts, golf carts, and mining equipment. These batteries are known for their high performance and long lifespan.
Inverter Batteries: Exide offers a wide range of inverter batteries, which are specifically designed for uninterrupted power supply. These batteries are ideal for backup power applications in homes and offices.
Solar Batteries: Exide manufactures solar batteries for solar lighting systems, solar power plants, and other renewable energy applications. These batteries play a vital role in energy storage and efficient utilization of solar power.

Research and Development

Exide Industries places great emphasis on research and development. The company has a dedicated team of scientists and engineers who are constantly working to enhance the performance of batteries and develop new technologies. Exide invests heavily in research and development to stay ahead of the competition and meet the needs of its customers.

Manufacturing Facilities

Exide Industries operates state-of-the-art manufacturing facilities across India. These facilities are equipped with advanced technology and machinery to ensure the quality and reliability of its products. The manufacturing facilities follow strict quality control measures to ensure that every battery that leaves the plant meets the highest standards.

Corporate Social Responsibility

Exide Industries is committed to corporate social responsibility and strives to make a positive contribution to the communities it operates in. The company focuses on sustainable practices, environmental conservation, and employee welfare. Exide Industries actively engages in community development projects and supports various social initiatives.

5. Sona BLW Precision Forgings Ltd

Market Cap: ₹ 38119.14 Cr.
Sales (latest quarter): ₹ 793.4 Cr.
Net Profit (latest quarter): ₹ 130.59 Cr.
Quarterly profit growth: -10.77 %
Exchange: BSE, NSE

Sona BLW Precision Forgings Ltd is a company that manufactures high-quality forging products for the automotive and industrial sectors. With a vast experience and expertise in the field, Sona BLW Precision Forgings Ltd has gained a reputation for delivering excellence and reliability.

History

Sona BLW Precision Forgings Ltd was founded in 1984 and has since become a leading player in the forging industry. The company started off with a small manufacturing facility and has since expanded its operations to multiple locations in India and abroad.

Product Range

Sona BLW Precision Forgings Ltd offers a wide range of forging products to cater to various industries. Some of their key offerings include:

Automotive Components: The company specializes in producing automotive components such as gears, shafts, and crankshafts. These products are used in various vehicle systems, ensuring optimal performance and safety.
Industrial Forgings: Sona BLW Precision Forgings Ltd also manufactures forgings for industrial applications. These forgings are used in heavy machinery, power plants, and other industries that require robust and durable components.
Aerospace Components: The company's expertise extends to the production of aerospace components, including airframe structural parts, engine components, and landing gear. These components are critical for the safety and reliability of aircraft.
Defense and Military: Sona BLW Precision Forgings Ltd also manufactures forgings for the defense and military sectors. These components are used in armored vehicles, weapons systems, and other defense applications.

Technology and Processes

Sona BLW Precision Forgings Ltd employs state-of-the-art technologies and advanced manufacturing processes to ensure the highest quality and precision in its products. Some of the key technologies used by the company include:

- Hot Forging: The company utilizes hot forging techniques to create complex shapes and tight tolerances. This process allows for improved mechanical properties and enhanced durability.

- CNC Machining: Sona BLW Precision Forgings Ltd utilizes CNC machines to achieve precise and accurate machining of forgings. This advanced technology ensures consistent dimensions and superior surface finish.

- Heat Treatment: To enhance the mechanical properties of forgings, the company employs heat treatment processes. These processes stabilize the material structure, resulting in improved strength, ductility, and corrosion resistance.

6. ZF Commercial

Market Cap: ₹ 33050.55 Cr.
Sales (latest quarter): ₹ 955.52 Cr.
Net Profit (latest quarter): ₹ 101.07 Cr.
Quarterly profit growth: -0.14 %
Exchange: BSE, NSE

ZF Commercial is a global automotive supplier that specializes in drivetrain systems and components for commercial vehicles. With a strong foundation in engineering excellence, ZF Commercial aims to deliver innovative and reliable solutions to meet the evolving needs of the automotive industry.

Products and Services

ZF Commercial offers a wide range of products and services to cater to various market segments within the commercial vehicle industry. Some key offerings include:

Drivetrain Systems

- Transmissions: ZF Commercial develops and manufactures a wide range of transmissions for commercial vehicles, including manual, automated, and hybrid systems.

- Differentials: ZF Commercial offers high-performance differentials that enhance vehicle stability and traction control.

- Axles: ZF Commercial provides axle solutions for commercial vehicles, offering enhanced durability and reliability.

Suspension Systems

- Suspension Systems: ZF Commercial offers advanced suspension systems, ensuring a smooth and comfortable ride experience for drivers and passengers.

- Steering Systems: ZF Commercial provides power steering solutions for commercial vehicles, offering improved handling and maneuverability.

Braking Systems

- Braking Systems: ZF Commercial manufactures efficient and reliable braking systems for commercial vehicles, ensuring maximum safety on the road.

- ABS and ESP: ZF Commercial offers advanced ABS (Anti-lock Braking System) and ESP (Electronic Stability Program) systems to enhance vehicle stability and control.

Innovation and Technology

ZF Commercial places a strong emphasis on innovation and technology to stay ahead in the dynamic commercial vehicle industry. Some key areas of focus include:

- Electric Vehicles (EVs): ZF Commercial is actively involved in the electrification of commercial vehicles, developing electric drivetrain systems and components to support the transition to more sustainable transportation.

- Autonomous Driving: ZF Commercial actively researches and develops autonomous driving technology for commercial vehicles, aiming to improve safety and efficiency in transportation.

- Connected Vehicle Solutions: ZF Commercial offers connectivity solutions that enable commercial vehicles to communicate with each other and with infrastructure, improving efficiency, safety, and fleet management.

Global Presence

ZF Commercial operates on a global scale with an extensive network of manufacturing facilities, sales offices, and research and development centers. The company has a strong presence in key markets around the world, including North America, Europe, Asia, and South America.

7. Endurance Tech.

Market Cap: ₹ 31209.54 Cr.
Sales (latest quarter): ₹ 2684.78 Cr.
Net Profit (latest quarter): ₹ 210.15 Cr.
Quarterly profit growth: 53.99 %
Exchange: BSE, NSE

Endurance Tech is a cutting-edge company that excels in pushing the boundaries of durability and endurance in various industries. We specialize in developing innovative and technologically advanced solutions that can withstand even the most rigorous conditions. With a team of highly skilled engineers and experts, we strive to provide our clients with the best possible products to meet their specific requirements.

Our Products

High-Performance Batteries: Our high-performance batteries are specifically designed for applications where reliability and longevity are paramount. With advanced cell technology and strict quality control measures, we ensure that our batteries deliver consistent power, even in extreme temperatures and extreme environments. Our batteries are widely used in various industries, including electric vehicles, portable devices, and renewable energy systems.
Ruggedized Electronics: We are committed to designing and manufacturing robust and resilient electronics that can withstand the harshest conditions. Our ruggedized electronics are engineered to withstand extreme vibrations, shock, and hostile environmental conditions. They are commonly used in industries such as defense, mining, and public safety, where reliable performance is essential.
Extreme-Temperature Materials: Endurance Tech specializes in developing and manufacturing materials that can function in extreme temperatures. Our wide range of products includes heat-resistant alloys, thermal coatings, and insulation materials that can withstand extreme hot and cold temperatures. These materials are widely used in various industries, such as aerospace, automotive, and power generation, where temperature resistance is a critical factor.

8. Motherson Wiring

Market Cap: ₹ 29687.78 Cr.
Sales (latest quarter): ₹ 2232.67 Cr.
Net Profit (latest quarter): ₹ 191.44 Cr.
Quarterly profit growth: 38.25 %
Exchange: BSE, NSE

Motherson Wiring Systems Limited (MWSL) is a global leader in providing wire harnesses, cables, and connectors for the automotive industry. With manufacturing facilities spread across different countries, MWSL offers a wide range of products and solutions to meet the evolving needs of the automotive industry. This document provides an overview of the Motherson Wiring system and its key components.

Components of a Motherson Wiring System

A Motherson Wiring system consists of several key components that work together to ensure efficient and reliable electrical connections in a vehicle. These components include:

Wire Harnesses: Wire harnesses are lengths of cables that are custom designed and assembled to connect various electrical systems in a vehicle. Motherson Wiring Systems specializes in designing and manufacturing high-quality wire harnesses that meet industry standards and automotive specifications.
Cables and Connectors: Cables and connectors are essential components of a Motherson Wiring system. Cables are used to transmit electrical signals while connectors provide a secure and reliable connection point for the wires. MWSL offers a wide range of cables and connectors in various sizes and configurations to meet the specific requirements of different vehicles.
Wire Termination: Termination is the process of connecting wires to the connectors. Motherson Wiring Systems employs advanced techniques and technologies to ensure secure and reliable wire termination. The termination process is meticulously controlled to ensure optimal performance and durability.
Testing and Validation: Before being installed in a vehicle, all Motherson Wiring systems undergo rigorous testing and validation procedures. These tests include electrical testing, mechanical testing, and environmental testing to ensure the quality and reliability of the wiring system.
Supply Chain Management: Motherson Wiring Systems maintains a robust supply chain management system to ensure timely delivery of products and services to customers. This includes sourcing raw materials, managing inventory, and coordinating with suppliers to ensure the smooth flow of materials throughout the production process.

9. Sundram Fasten.

Market Cap: ₹ 25328.9 Cr.
Sales (latest quarter): ₹ 1466.48 Cr.
Net Profit (latest quarter): ₹ 134.41 Cr.
Quarterly profit growth: 5.69 %
Exchange: BSE, NSE

Sundram Fasteners Limited is one of the leading automotive fastener manufacturers in India. With a commitment to quality and reliability, Sundram Fasteners offers a wide range of products that cater to the automotive and industrial sectors.

Sundram Fasteners Limited was established in 1971 and is headquartered in Chennai, India. The company has a rich history of innovation and development, constantly pushing the boundaries of fastener technology.

Products and Services

Sundram Fasteners offers a wide range of products, including:

Bolts: Sundram Fasteners manufactures high-quality bolts in various sizes and materials, ensuring durability and strength.
Nuts: The company offers a wide range of nuts, including hexagonal nuts, square nuts, and slotted nuts, suitable for various applications.
Screws: Sundram Fasteners manufactures screws in various types, such as socket screws, socket cap screws, and machine screws, suitable for various fastening needs.
Washers: The company produces washers in various sizes, shapes, and materials, designed to provide the necessary support and stability.
Other Fasteners: Sundram Fasteners also offers other fasteners, such as rivets, studs, and threaded rods, to meet the specific requirements of different industries.

Quality Assurance

To ensure the highest standards of quality, Sundram Fasteners follows a rigorous quality control process. The company employs a team of highly skilled engineers who monitor the manufacturing and testing processes closely.

Customer Relationship

Sundram Fasteners places great emphasis on building strong relationships with its customers. The company provides prompt and courteous customer service, addressing any queries or concerns promptly. Additionally, Sundram Fasteners offers customization services to meet the unique needs of its customers.

10. JBM Auto

Market Cap: ₹ 24622.54 Cr.
Sales (latest quarter): ₹ 1485.95 Cr.
Net Profit (latest quarter): ₹ 62.5 Cr.
Quarterly profit growth: 98.61 %
Exchange: BSE, NSE

JBM Auto is a leading provider of automobile products and services. With a commitment to innovation and customer satisfaction, JBM Auto has established itself as a trusted name in the industry.

Our Products

At JBM Auto, we offer a vast array of products to meet your every need. Our extensive inventory includes:

New Vehicles: JBM Auto carries a wide range of new vehicles from leading manufacturers. From SUVs to sedans, we have something for everyone.
Used Cars: For those who prefer a pre-owned option, JBM Auto has a vast selection of reliable used cars. Our team of experts carefully inspects each vehicle to ensure its quality and performance.
Auto Financing: We understand that purchasing a vehicle can be a significant financial decision. JBM Auto offers flexible financing options, enabling you to secure the car of your dreams without breaking the bank.
Auto Maintenance and Repair: Our team of skilled technicians is well-equipped to handle all your maintenance and repair needs. From routine oil changes to complex engine repairs, we have you covered.
Auto Parts: JBM Auto carries a wide selection of high-quality auto parts. Whether it's a replacement part or an accessory, we have what you need to keep your vehicle running smoothly.

Types of Auto Ancillaries Companies

1. Auto Parts Manufacturers

Auto Parts manufacturers produce and market components and accessories for automobiles. These parts include tires, batteries, braking systems, exhaust systems, suspension systems, lighting systems, and much more. Auto Parts manufacturers play a vital role in ensuring the reliability and performance of vehicles.

2. Engine Manufacturers

Engine manufacturers specialize in designing and producing automotive engines. These companies have expertise in various engine technologies, including gasoline, diesel, electric, hybrid, and alternative fuel engines. Engine manufacturers specialize in producing engines that are fuel-efficient, durable, and meet regulatory requirements.

3. Component Manufacturers

Component manufacturers specialize in producing the various components that make up a vehicle. These components include electronics, wiring harnesses, hydraulics, transmission components, cooling systems, and many others. Component manufacturers work closely with vehicle manufacturers to ensure compatibility and overall performance.

4. Vehicle Manufacturers

Vehicle manufacturers are responsible for designing and producing complete automobiles. These manufacturers have expertise in various vehicle segments, including passenger cars, commercial vehicles, trucks, buses, and more. Vehicle manufacturers are responsible for the entire manufacturing process, from design to assembly.

5. Accessory Manufacturers

Accessory manufacturers produce aftermarket automotive accessories that enhance the performance, comfort, and convenience of vehicles. These accessories include infotainment systems, audio systems, seat covers, floor mats, performance parts, custom paint jobs, and many others. Accessory manufacturers cater to the needs and desires of individual vehicle owners.

Functions of Auto Ancillaries Companies

Auto ancillaries companies serve various functions within the automotive sector. These functions include:

Supply Chain Management: Auto ancillaries companies collaborate closely with vehicle manufacturers to ensure a steady supply of components and accessories. They manage the logistics, warehousing, and distribution of these components to ensure the smooth functioning of the automotive supply chain.
Product Innovation: Auto ancillaries companies play a crucial role in driving innovation within the automotive industry. They invest in research and development to develop advanced components and technologies that enhance vehicle performance, efficiency, and safety.
Quality Control: Auto ancillaries companies adhere to strict quality control measures to ensure the reliability of their products and services. They conduct rigorous testing, inspections, and certifications to ensure compliance with industry standards and customer expectations.
Marketing and Sales: Auto ancillaries companies engage in marketing and sales activities to promote their products to vehicle owners, repair shops, and dealerships. They develop marketing strategies, create advertising campaigns, and establish distribution networks to reach their target audiences effectively.
Customer Support: Auto ancillaries companies provide customer support to address any issues or concerns related to their products and services. They offer technical assistance, repair services, and warranty support to customers and end-users to ensure customer satisfaction.

Conclusion

Auto ancillaries companies in India play a vital role in the automotive sector. From auto parts manufacturers to engine manufacturers, component manufacturers, vehicle manufacturers, and accessory manufacturers, these companies contribute to the success of the automotive industry by providing essential products and services. By fulfilling various functions, auto ancillaries companies contribute to the overall development and advancement of vehicles.