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Auto Components Sector in India

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About Auto Components sector in India

The Auto Components sector in India comprises 3.44K companies, including 224 funded companies having collectively raised $5.26B in venture capital money and private equity. Out of these, 260 are Series A+ funded.
Auto Components sector in India has seen 55 acquisitions and 164 IPOs. This represents almost 6.4% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes companies designing and manufacturing automotive components for the OEMs and the aftermarket across categories including body & frame, interiors, electrical & electronic system, powertrain system, and others.
Auto Components sector is also known as Auto Parts or Automotive Components.
Companies that manufacture & supply automotive components (Tier1, Tier 2, Tier 3) directly to the OEMs as well as to other component manufacturers to be used as sub-assemblies. Companies manufacturing aftermarket accessories such as seat covers, lighting systems, floor mats would also be included. Companies manufacturing components for aircraft, industrial vehicles, military vehicles, auto care and detailing product manufacturers, auto manufacturers, part retailers, auto service providers, and companies providing automotive software are excluded.
Key Metrics
Total Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
Auto Parts or Automotive Components

Top Auto Components Companies in India

There are 3,436 Auto Components startups in India which include SEDEMAC, Greenfuel Energy Solutions, Lohum, Happy Forgings, UNO Minda. Out of these, 224 startups are funded, with 260 having secured Series A+ funding.
Over the past 10 years, an average of 54 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, BITS Pilani and Harvard Business School.

Here is the list of top Auto Components startups in India

Manufacturer of motor vehicle parts. Its product portfolio includes sensorless integrated starter generators, ECUs for fuel injection, smart ignition, voltage regulators, battery management systems, connectivity devices, generator controllers, and battery chargers. It supplies critical-to-the-application control products in large volumes, from in-house lines, to leaders of large markets.

Key facts about SEDEMAC

Manufacturer of lithium-ion batteries for multiple categories of electric vehicles. The company develops various products like fuel systems for passenger cars and commercial vehicles. The company develops lithium-ion batteries for electric vehicles like kick scooters, golf carts, commercial vehicles, and more.

Key facts about Greenfuel Energy Solutions

  • Founded Year: 2006
  • Location: Gurugram (India)
  • Stage: Acquired
  • Tracxn Score: 73/100 What is this?
  • Competitors Rank: 1 of 369 Competitors
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining. The company provides single-point lithium-ion battery recycling and reuse solutions. It recovers and recirculates critical battery raw materials, lowering battery costs and reducing reliance on mining. The company offers battery lifecycle management solutions, including recycling used batteries, determining residual value, and facilitating Extended Producer Responsibility (EPR) partnerships. It produces energy storage applications, batteries for low power e-mobility, and high-purity battery raw materials. The company addresses challenges related to battery metal depletion, rising battery waste, geo-disparity of raw materials, reverse logistics, and transparency in refining and recycling.

Key facts about Lohum

Manufacturer and supplier of drive transmission components. The company manufactures a diverse portfolio of products including crankshafts, front axle beams, steering knuckles, differential cases, transmission parts, pinion shafts, suspension products, and valve bodies for non-automotive sectors such as farm equipment, off-highway vehicles, oil and gas, power generation, railways, and wind turbines.

Key facts about Happy Forgings

Manufacturer and supplier of major auto components to OEMs and tier 1 companies. The company manufactures components such as alternator fuel systems, air filtration systems, canisters, alloy wheels, controllers, fuel hoses, sensors, air ducts, washer bottles, horns, cameras, actuators, speakers, telematics, cigar lighters, 4w switches, and HVAC. They have customers, such as BMW, Ford, Honda, KTM and Kawasaki.

Key facts about UNO Minda

Companies founded year-on-year in the Auto Components sector in India

95 Auto Components startups in India were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Auto Components sector in India2025202420232022202120202019201820172016Founded Year020406080100Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2025
2
2024
19
2023
30
2022
53
2021
49
2020
80
2019
95
2018
68
2017
91
2016
53

Stage-wise distribution of Auto Components sector companies in India

Out of the total 3,436 Auto Components companies in India, 224 have secured funding. Among them, 260 have reached Series A or higher, and 239 to Series B or beyond.

Founded - 3,436
Funded - 224
Series A+ - 260
Series B+ - 239
Series C+ - 229
Company Stage
No. of companies
Founded
3,436
Funded
224
Series A+
260
Series B+
239
Series C+
229
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Top Investors in Auto Components in India

Baring Private Equity Partners is the top investor in Auto Components companies in India based on number of companies invested.
Here are some top investors in Auto Components companies in India:
See a more detailed list of investors

M&A activity in Auto Components sector in India

In the year 2025, till September 2025, 5 acquisitions happened in Auto Components sector in India. Last year, in 2024, a total of 5 acquisitions happened in Auto Components sector in India.
Here are some recent, important acquisitions in Auto Components sector in India:
Company
Acquisition Type
Acquisition Date
Acquirers
Management Buy-In
Sep 09, 2025
-
 
Business Acquisition
Apr 11, 2025
Business Acquisition
Mar 04, 2025
Business Acquisition
Feb 13, 2025
Business Acquisition
Jan 08, 2025
See a more detailed list of acquisitions

Acquisition trends in Auto Components sector in India

Here are the acquisition trends in Auto Components sector in India:

Acquisition trends in Auto Components sector in India2025202420232022202120202019201820172016Acquisition Round Date (Yearly)0246810Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2025
4
2024
5
2023
8
2022
6
2021
5
2020
1
2019
6
2018
5
2017
3
2016
4

IPOs in Auto Components in India

In the year 2025, till November 2025, 6 IPOs happened in Auto Components sector in India.
Here are some recent, important IPOs in Auto Components sector in India:
Company
IPO Date
Exchange Symbol
Nov 07, 2025
Bombay Stock Exchange (BSE), National Stock Exchange (NSE)
Oct 08, 2025
National Stock Exchange (NSE)
Sep 29, 2025
Bombay Stock Exchange (BSE), National Stock Exchange (NSE)
Aug 01, 2025
National Stock Exchange (NSE)
May 28, 2025
Bombay Stock Exchange (BSE), National Stock Exchange (NSE)
See a more detailed list of IPOs

Top News in Auto Components in India

View all Top News for Auto Components companies in India

FAQs about Auto Components sector in India

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