India is building the auto world’s Plan B to China
India is rapidly emerging as a critical player in the global auto parts industry, positioning itself as a potential Plan B to China's manufacturing dominance. Indian auto parts manufacturers are strategically expanding their presence overseas and enhancing their engineering capabilities to cater to the shift in global automakers' sourcing strategies.
This transition away from China's single-country production hubs is driven by trade uncertainties, unpredictable tariffs, and supply chain disruptions. Companies such as Suprajit Engineering, Highway Roop Precision Technologies, SPR Auto Technologies, and Tenneco are capitalising on this trend by building advanced manufacturing capabilities and diversifying their production footprint across multiple locations worldwide.
As a result, India's auto parts exports are projected to reach $45 billion by the end of the decade, up from $24 billion in FY26, as reported in a joint BCG-ACMA study.
Brief written by urgent.news from The Economic Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.