The auto components industry in India over the past few years has registered a whopping growth. From the financial year 2016 to 2020, this high-growth industry vertical has expanded at a CAGR of 3.28% hitting the mark of USD 45.90 billion in the financial year 2021. If industry experts are to be believed, the auto components industry in India is going to reach the 200 billion USD mark by the end of the year 2026. The auto components sector, wherein the top auto components manufacturers in India have already made their mark, is expected to soon rise by double digits somewhere between the years 2022 and 2023.
All this is happening due to the high development prospects in almost all the segments of the country’s vehicle industry. As of now, the auto components industry accounts for around 7.1% of the country’s Gross Domestic Product (GDP) employing more than 5 million people across the country, either directly or indirectly. Some of the other reasons that have triggered a phenomenal growth in the auto component industry include the following:
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Stable government framework
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Increased purchasing power
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The growing number of auto components companies in India
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Large domestic market, and
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An ever-increasing development in infrastructure.
Market size at a glance
The automotive components industry in India can be classified into two sectors – unorganized and organized. The organized sector meets the needs of the Original Equipment Manufacturers (OEMs) and involves high-value precision instruments. On the other hand, the unorganized sector is made up of low-value products meeting the needs of mostly the aftermarket category.
Some figures and stats at a glance
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Rupees 1.96 lakh crore (US$ 26.6 billion) between April–September 2021
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The industry is all set to witness revenue growth of 15-17% during the fiscal year
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In the first half of FY22, the exports increased by 76% to Rs. 68,746 crores (US$ 9.3 billion).
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As per the ACMA forecast, the export of the auto components from India is going to touch the mark of US$ 80 billion by the end of the year 2026.
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As for revenue, the industry is all set to reach US$ 200 billion by 2026.
The ever-growing demands from the international markets, the resurgence in the local original equipment, and the aftermarket segment have also been predicted to trigger the growth of the Indian auto components industry by 20-23 percent in the coming 2 years.
The stature of SAN Automotive in the auto components industry in India
Delivering excellence through exemplary enterprise for more than 20 years, SAN Automotive is one of India’s leading manufacturers of a wide range of sheet metal works specializing in the following:
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Sheet Metal Pressing and Forming
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Light, Medium, and Heavy Fabrication
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Component Assemblies
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Tooling, and
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Surface Coating Solutions
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Panels, Cabinets & Towers for the telecom infra industry.
Broadening its scope and ambit further, the company is also all set to foray into the Electric Vehicle (EV) segment. Strategically located in the industrial hub of Faridabad (NCR), the company has earned a formidable reputation both in India and abroad by relentlessly unlocking the benefits of new-age technology for its national and global clientele. Today, it is the strongest contender in the country’s big league of sheet metal components manufacturers.
An outstanding infrastructural prowess that speaks for itself
Managed by the first-generation leadership, SAN Automotive has always been leveraging its world-class infrastructural prowess, technical know-how, and uncompromised quality assurance to cater to the ever-escalating high-precision product requirements of the Automobile, Construction, Agri, and Telecom industries. On the infrastructure front, the company is capable of producing 40,000,000+ parts per annum. All this takes place in the company’s 3 state-of-the-art manufacturing facilities located across locations in Faridabad (NCR-National Capital Region) on a sprawling 150,000 sq. ft. manufacturing area.
Some of the major highlights from the infrastructure area
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Meticulously planned manufacturing units equipped with CNC Press Brake and CNC Fiber Laser Machines to carry out high precision sheet metal stamping
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Sprawling press lines (260 Presses) with a capacity of up to 500 tons that support working upon varied tool sizes and components
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Dedicated facilities for blanking, piercing, bending, and deep drawing operations
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A special set of tools and equipment that a high-quality sheet metal fabrication calls for
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CNC (Computer Numerically Controlled) machines, programmed to perform specific tasks and achieve the exact specifications required
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Dedicated automated welding and assembly shop
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MIG Welding, Robotic welding, Spot welding & Projection welding
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Fully conveyorized Powder Coating & Paint Shop facility
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Ultra-advanced plating (CR3) facilities.
Engineering and Innovation- always going off the beaten track
Over the years, SAN Automotive has been evolving into a conglomerate that has developed unmatched capabilities across areas of operations including Design, Precision Sheet Metal Stamping, Fabrication, and Assembly. The company’s persistent efforts in the field of engineering and innovation are today recognized by the top OEMs the world over. Going off the beaten track to achieve the required technological edge, the company has established a dedicated, ultramodern research and development facility while developing strategic collaborations with industry-leading names in the global automotive industry.
Right since its inception, the company has been moving up the value chain by:
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Timely adoption of innovative manufacturing technologies, systems, and processes
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Establishing an integrated system to execute all processes in-house while meeting the strictest international quality standards
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Delivering compact, light-weight, strong, and low-friction products
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Investing a lot of resources into research and development.
The Bottom Line
SAN Automotive, today, is well-recognized and respected among the top auto components manufacturers in India. Being a customer-centric organization, the company has carved a niche for itself both in the national and global markets based on its ‘quality-in-all-we-do’ philosophy. The company’s untiring efforts for continuous improvement in quality, maximum customer satisfaction, on-time delivery, and cost-effectiveness have helped it achieve a towering stature in the contemporary auto components manufacturing industry.
Today, SAN Automotive is manufacturing and supplying a comprehensive range of products for 2 Wheelers, 4 Wheelers, Construction Equipment Vehicles, and the Agri Industry. More details about the company’s complete product portfolio can be explored right here across the pages of the website.