The growing demand of substitute spare parts in india is attracting many aftermarket product manufacturers to invest. Below is the list of few well established and top aftermarket brands.
Overview of aftermarket product manufacturers in India
10.1 Elofic Industries Limited
Elofic Industries Ltd. was incorporated in 1951 and headquartered at Faridabad, India. The company has employee strength of more than 500 in India. A Leading player in Indian automobile oil, hydraulic, fuel & air filters market which gained worldwide acceptance by various OEMs and aftermarket customers. Elofic caters to various application sectors such as Automobile, Agriculture, Industrial etc. in the domestic and international market.
The company has a production capacity of 63 Million filters annually, which are designed by engineers with the help of latest CAD technology and other software platforms such as PRO E and MDT2.
Elofic has three manufacturing plants in the country located at
- Faridabad (Haryana)
- Nalagarh (Himachal Pradesh)
- Hosur (Tamil Nadu)
The manufacturing facilities of the company are backed by an innovative engineering process, which is a three way methodology to understand, implement and deliver products aligning with the customer’s expectations.
Moreover, a R&D centre of Elofic is located at Faridabad, Haryana and a wholly owned subsidiary, Elofic USA LLC is also situated in Wisconsin to cater to the American market. Elofic operates across the country through a distribution network of 1,000 stockists and 30,000 retailers. When it comes to auto component market, Elofic majorly competes with Purolator Inc. and Sofima filters.
10.2 Rane Holdings Limited
Business DescriptionRane Holdings Ltd. is subsidiary of Rane Group, which was established in 1929, and went public in 1936. It is a leading supplier of steering & suspension systems, valve components and die casting products to major OEMs in India and abroad.
Rane serves a variety of industry segments including Passenger Cars, Multi Utility Vehicles, Light Commercial Vehicles etc. The company mainly competes with Wabco India, Motherson Sumi and Bosch in India automobile spare parts market.
Rane group has various manufacturing facilities across the country
10.3 Gabriel India Limited
Gabriel India, was founded in February 1961 and became public in 1978. The company has employee strength of 2700 in India.
Gabriel came in to operation through a business venture between Anand group and Maremont Corporation, a manufacturer of shock absorbers established in the U.S.
Gabriel is one of the leading manufacturers and suppliers of high quality ride control products such as shock absorbers, struts and front forks, which are also supplied to the leading OEMs in the country.
The company operates across the country with 6 manufacturing plants (Pune, Nashik, Hosur, Dewas, Khandsa, Parwanoo), 3 satellite plants (Pune, Nashik, Hosur, Dewas, Khandsa, Parwanoo) and 3 R&D facilities(Pune, Hosur, Nashik). The combined capacity in all the manufacturing locations of the company is 28 Million shocks and studs annually. In the passenger vehicle segment, Gabriel India mainly competes with Tenneco RC India Private Limited, Mando India Limited, Munjal Showa Limited and Endurance Magneti Marelli India Private Limited.
The products of Gabriel India are offered through 200 retailers across 22 cities in India. In order to make the ride control products reach the end users, the company follows a specific path of distribution, where it possesses 300-350 distributors, called channel partners. These distributors are the company’s first interface in the aftermarket. With these channel partners, nearly 5000 retailers are directly connected and making products available to garages, which further circulate it to the end users. The company operates from 17 stock point locations in the country.
10.4 Talbros Automotive Components Limited
Talbros Automotive Components Ltd., was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK. The company has employee strength of 2000 and its operating through 14 manufacturing and 5 distribution sites. The R&D centre of the company is located at Gurgaon and Faridabad in Haryana.
Talbros caters to various application sectors such as Automotive, light commercial, heavy-duty truck, off-highway, agricultural, rail and industrial sector with a distribution network of 8800 dealers and 86 exclusive outlets across the country. In Passenger vehicle segment, the company mainly competes with Mushasi auto parts, Hi-tech gears and New life automotive Inc.
10.5 Delphi Automotive Systems
In India, Delphi Automotive Systems Limited has been operating as a wholly owned subsidiary of the parent company since 1995. Delphi is a leading global supplier of technologies and is operating in 32 countries, with regional headquarters in Bascharage, Luxembourg; Sao Paulo, Brazil; Shanghai, China and Troy.There are four manufacturing facilities of the company located in Chennai, Greater Noida, Dharuhera, and Gurgaon, a technical centre in Bangalore and the Delphi – TVS joint venture in Chennai. Delphi is the first wiring harness manufacturer in India to be certified for ISO TS/16949 and ISO 1400. The company’s key customers in India include Maruti Udyoug Limited, General Motors India, Daewoo Motors, Fiat, Hindustan Motors, Volvo and Telco.
Delphi has been expanding its presence in the Aftermarket and Service market with the launch of shock absorbers, struts and half shafts as the first products in the market. The aftermarket products of Delphi automotive are distributed through national, regional and state level distributors reaching to over 5000 distributors/retailers in India. The Wholesale distributors of the company also support Delphi’s aftermarket products across India, making products available in many cities.
In automotive segment, Delphi majorly competes with Denso Corporation, Magna international and Bosch.
10.6 Sona Koyo Steering Systems Limited
Business DescriptionSona Koyo Steering Systems Limited (SKSSL), established in 1985 is the flagship company of the Sona Group, and is the largest manufacturer of steering systems for the passenger car and utility vehicle market in India.
The company has collaboration with JTEKT Corporation, Japan, which is the largest producer of passenger vehicles’ steering systems across the globe.
There are four manufacturing facilities of the company located in Gurgaon, Chennai, Dharuhera (Haryana) and Sanand (Gujarat)
The company has a broad customer base of major vehicle manufactures in India such as Maruti Suzuki, Toyota, Hyundai, Tata Motors, Mahindra & Mahindra, General Motors and Mahindra-Renault.
The automotive market in India is currently dominated by Sona Group (Sona Koyo and JSAI) and Rane Group (Rane Madras + Rane NSK + Rane TRW) in the PV segment and ZF Steering catering to the CV segment.
Due to the technology intensive nature of the product, Sona Koyo has technical collaboration with JTEKT (Japan) and Mando Corporation (Korea); the Rane group has tieups with NSK (Japan) for EPS and TRW (USA) for HPS systems.
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