Recently, India's auto parts market very active, first, Denso and Toyota joint venture in India industrial production of automotive air conditioning compressor, there's Kia of modern local government to negotiate with India to find land and build factories in India, the Bosch Group the next 3 years, also plans to invest 23 billion rupees in India. Various international auto and auto parts giant's move proves that in India, India's auto parts market presents tremendous opportunities.

    India is the world's largest motorcycle producer, is the world's second largest producer of two vehicles, is the world's fifth largest commercial vehicle producer; India produces about 830 million vehicles in Asia's fourth largest car market. India's auto parts industry in recent years, the annual output value of 30% maintained high growth, major international car manufacturers have a footprint in India, Korea, Japan, Europe, the U.S. car companies have to enter the Indian car market has. Yangzhou Yapp Automotive Parts Company of India also set up a Yapp-Zoom Automotive Systems, Weichai Power has a dedicated team to study in India to increase its auto parts and other products, marketing efforts in India. This shows that the Indian market hot. According to the Indian authorities predict that by 2015 the output value of auto parts in India 250 million U.S. dollars, the entire auto industry output will reach 45 billion U.S. dollars; the 21st century will become India's largest global market.

    India's auto parts industry has the advantage of cost advantages. First, India's process technology can be applied to restructuring the production process, to make the process more labor intensive, less capital intensive, thus significantly reducing the overall cost of multinational companies. For example, plants used in the West "to the automated" production process, up to certain parts of the overall manufacturing costs by 20%.

    In addition, India also cut costs by design. For example, the re-design MarutiAlto the steering system can be reduced by 15% its weight. India's engineers to quickly design products to help reduce development cost and delivery time. For example, an Indian supplier of only 6 months for a car manufacturer to design a steering system, and the other low-cost manufacturers in countries with more than 4 years before and the joint development of local suppliers of similar systems . Many automobile manufacturers have begun to establish engineering and design centers in India to take advantage of local skills. General Motors set in a large-scale scientific research center in Bangalore, employs 2,300 scientists, researchers and engineers, research center in Shanghai than in times of more than 1 person, became the company's largest research center outside the United States.

    In addition, wages of manufacturing workers in India cheap, high quality manufacturing standards among the highest in emerging countries. General Motors (India) company official said, India's auto parts quality is better than Mexico, China and Taiwan and even South Korea, but the price is cheaper than in Mexico, 15%, 10% cheaper than in Korea, with China and Taiwan considerable. This is anxious to reduce the cost of the global car giant is attractive. In addition, the Indian-rubber, steel and other raw material prices are not expensive.

    China's auto parts exports is still higher than India, but we should note that although less than China, India, parts exports, the rise of the Indian component industry is a phenomenon that can not be ignored. Export of auto parts in the future, China will feel more and more countries from the pressure of the surrounding free trade, especially India.