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.
Market Cap: ₹25,740 Crore Based in Noida, Motherson Sumi Wiring India is a global leader in manufacturing wiring harnesses for automotive and non-automotive segments. The company supplies components to major automakers worldwide. Data as of 31st December 2024. Source – NSE
Market Cap: ₹8,961 Crore Headquartered in Aurangabad, Varroc Engineering specializes in manufacturing lighting systems and powertrain solutions, including electric vehicle components. It has a robust presence in global markets. Data as of 31st December 2024. Source – NSE
Market Cap: ₹6,652 Crore Located in Coimbatore, Pricol Limited specializes in driver information systems, telematics, and sensors for leading two-wheeler and four-wheeler manufacturers. Data as of 31st December 2024. Source – NSE
Market Cap: ₹3,626 Crore Carraro India, an Indo-Italian joint venture, manufactures transmission systems and axles, catering to the agricultural and construction equipment industries across the globe. Data as of 31st December 2024. Source – NSE
Market Cap: ₹2,462 Crore Based in Bhopal, Rajratan Global Wires is a prominent manufacturer of bead wires used in tires, serving both domestic and international markets. Data as of 31st December 2024. Source – NSE
Market Cap: ₹1,726 Crore Headquartered in Hoshiarpur, Punjab, GNA Axles is a leading manufacturer of axle shafts for commercial vehicles and exports to over 30 countries worldwide. Data as of 31st December 2024. Source – NSE
Market Cap: ₹1,679 Crore Based in Gurugram, NDR Auto Components produces automotive seating systems and plastic molded parts, catering to top-tier automakers . Data as of 31st December 2024. Source – NSE
Market Cap: ₹1,380 Crore Kross Limited is a premier manufacturer of high-quality bicycles and components, with a strong presence in both domestic and international markets. Data as of 31st December 2024. Source – NSE
India's auto ancillary sector supports the automotive industry with products like wiring harnesses and lighting systems. Companies like Motherson Sumi and Varroc Engineering lead innovation, offering promising long-term opportunities amid growing demand for electric vehicles and advanced technologies.