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Auto Ancillary Sector Stocks in India

The auto ancillary industry in India is over US$ 50 bn in size as per IBEF. It's quite large and as such, is critical part of the Indian economy.

The industry is about 7.1% of India's GDP and employs about 5 million people in the country.

It's also one of the biggest exporting industries in India. The industry exports over 25% of its annual output.

India has emerged as a global auto component hub and the industry has set an ambitious export target of US$ 80 bn by 2026.

The auto ancillary eco-system in India is fairly robust and mature with a large number of companies operating in various niches. Some of these firms are world class. Within the industry, India has a competitive advantage globally in areas such as fasteners, bearings, and shafts.

India also has a labour cost advantage of about 15-20% over western nations in the global auto component market.

Government policies toward the industry over the years have been favourable. 100% FDI is allowed under the automatic route.

The recent trend towards electric vehicles had brought opportunities as well as challenges to the industry. Many firms will face a disruption in their business models while others will be relatively unaffected.

A large domestic market, solid advantages in the export market, a rising middle class in India with growing spending power, are the main driving forces of the Indian auto ancillary industry.

For a list of auto ancillary stocks in the Indian stock market please click here.

Also do read Equitymaster's auto ancillary sector report.


Vijay Kedia and Dolly Khanna Trim Stake in this Multibagger Auto Ancillary Stock

Jan 10, 2024

Find out why the seasoned investors turned bearish on this multibagger stock despite robust earnings.

Bulk Deal Alert: Rakesh Jhunjhunwala Adds 1% Stake in this Auto Ancillary Stock, Triggering 20% Rally

Nov 30, 2023

Three reasons why Rekha Jhunjhunwala acquired 90,006 shares of this company via a bulk deal on 29 November 2023.

The #1 Investment Theme for 2024

Nov 17, 2023

This industry is poised for significant growth in the coming years, especially in 2024 with elections just around the corner.

Smallcap Auto-Ancillary Stock Down 15% in 2 Days After Ashish Kacholia Pares Stake

Nov 9, 2023

The company makes a wide range of aesthetic products catering to segments including two-wheelers, passenger vehicles, commercial vehicles, consumer durables, and appliances.

Rakesh Jhunjhunwala & Associates Increase Stake in this Multibagger Realty Stock

Sep 22, 2023

Rekha Jhunjhunwala recently picked up additional stake in this multibagger realty company. What's brewing?

Why Talbros Automotive Share Price is Rising

Jul 7, 2023

Shares of this auto ancillary firm are up over 90% in the past three months. A healthy order book suggests the company is all set to win the race against its peers.

Why Force Motors Share Price is Rising

Jun 5, 2023

Auto and auto ancillary stocks have seen an explosion of interest over the past couple of months. The BSE auto index is up over 21% in a little over two months.

EV Battery Stock Announces 200% Dividend & Q4 Results. 5 Key Takeaways

May 10, 2023

Despite a weak quarter, this EV battery maker is rewarding shareholders with a hefty dividend. Find out more details inside.

Rekha Jhunjhunwala Trims Stake in this Auto Ancillary Penny Stock

May 4, 2023

Find out why Rakesh Jhunjhunwala & Associates trimmed stake in this auto ancillary company for the third consecutive quarter.

Vijay Kedia Picks Stake in this Auto Ancillary Company. Stock Rallies 40% in Two Days

Apr 18, 2023

According to a BSE statement, Kedia bought 1 million shares, translating into a 1.1% stake in the company.

Bulk Deal Alert: Sunil Singhania Buys Fresh Stake in this Multibagger EV Stock

Dec 21, 2023

According to the latest bulk deal data, Sunil Singhania recently acquired a substantial stake in this auto-ancillary stock.

Why Munjal Auto Share Price is Rising

Nov 24, 2023

Munjal Auto is on a winning streak of hitting new 52-week highs in the last five trading sessions.

Craftsman Automation is Gearing up to Lead India's Futuristic Auto Industry

Nov 10, 2023

This midcap company is making the most of the disruption in the automobile sector.

ASK Automotive IPO: 5 Things to Know

Nov 6, 2023

From grey market premium to price band, here's everything you need to know about one of the leading auto ancillary players.

Ashish Kacholia's Block Deal Spurs 20% Rally in this Multibagger Auto Ancillary Stock

Aug 25, 2023

This microcap stock has rallied over 50% in the past five days. Apart from Kacholia's bullish stance, what's driving the rally?

This Auto Ancillary Stock is Up 70% in One Month. More Gains Ahead?

Jul 3, 2023

Shares of JBM Auto touched their 52 week high today. Here's what is driving the company's share price.

Surprising Exit: Sumeet Nagar's Malabar India Fund Dumps 2 million Shares of this Leading Auto Ancillary Company

Jun 3, 2023

Data released on Friday showed that Sumeet Nagar's fund sold over 2 million (m) shares of this auto ancillary firm. More details inside...

Tyre Stocks Are Rising: Here's What's Driving the Surge

May 5, 2023

Tyre stocks are suddenly speeding up. What suddenly changed?

Ace Investor Vijay Kedia Raises Stake in This Multibagger Auto Ancillary Stock

Apr 19, 2023

Here's why the investor increased his stake in the company after paring it in the December 2022 quarter.

Top 5 Auto Ancillary Companies in India by Growth

Mar 16, 2023

Auto ancillary stocks are a perfect proxy play on the revival of the automobile sector.