Explore India's leading auto ancillary companies driving innovation in the automotive sector.
The auto ancillary sector is vital to the automotive industry, producing components like brakes, engines, and electrical parts. Growing EV demand and technological advances position these companies as lucrative long-term investment opportunities.
Motherson Sumi Wiring India, based in Noida, is a global leader in manufacturing wiring harnesses for automotive and non-automotive sectors, supplying components to major automakers worldwide. (Market Cap: ₹25,740 Cr, Source: NSE,)
Varroc Engineering, based in Aurangabad, specializes in lighting systems, powertrain solutions, and EV components, with a strong global presence. (Market Cap: ₹8,961 Cr, Source: NSE, as of 31st Dec 2024)
Pricol Limited, based in Coimbatore, specializes in driver information systems, telematics, and sensors for leading two-wheeler and four-wheeler manufacturers. (Market Cap: ₹6,652 Cr, Source: NSE, as of 31st Dec 2024)
Carraro India, an Indo-Italian joint venture, manufactures transmission systems and axles for the agricultural and construction equipment industries globally. (Market Cap: ₹3,626 Cr, Source: NSE, as of 31st Dec 2024)
Rajratan Global Wires, based in Bhopal, is a leading manufacturer of bead wires for tires, serving both domestic and international markets. (Market Cap: ₹2,462 Cr, Source: NSE, as of 31st Dec 2024)
GNA Axles, headquartered in Hoshiarpur, Punjab, is a leading manufacturer of axle shafts for commercial vehicles, exporting to over 30 countries worldwide. (Market Cap: ₹1,726 Cr, Source: NSE, as of 31st Dec 2024)
NDR Auto Components, based in Gurugram, manufactures automotive seating systems and plastic molded parts, serving top-tier automakers. (Market Cap: ₹1,679 Cr, Source: NSE, as of 31st Dec 2024)
Kross Limited is a leading manufacturer of high-quality bicycles and components, with a strong presence in both domestic and international markets. (Market Cap: ₹1,380 Cr, Source: NSE, as of 31st Dec 2024)
India's auto ancillary sector, with companies like Motherson Sumi and Varroc Engineering, supports the industry through products like wiring harnesses and lighting systems, driven by EV demand and tech innovation.