Car Accessories Industry in India
The car accessories industry plays a vital role in enhancing the functionality, comfort, safety, and aesthetics of vehicles. These accessories range from basic interior add-ons such as seat covers and floor mats to advanced exterior and electronic systems like infotainment units, LED lights, sensors, and alloy wheels.
India has become one of the fastest-growing markets for car accessories due to the expansion of the automobile sector, a rising middle-class population, increasing car ownership, and a growing trend toward vehicle customization.
Types of Car Accessories
Car accessories can be categorized into major groups:
| Category | Description |
|---|---|
| Interior Accessories | Seat covers, mats, sunshades, dashboard trims, air purifiers, and infotainment systems. |
| Exterior Accessories | Body kits, spoilers, alloy wheels, roof racks, bumper guards, and decorative trims. |
| Electronic Accessories | Dash cams, reverse sensors, parking cameras, mobile chargers, GPS systems, and LED lighting. |
| Safety Accessories | Airbag kits, fire extinguishers, child seats, tire pressure monitors, and car alarms. |
| Maintenance & Care Products | Cleaning sprays, wax, microfiber cloths, and car-care kits. |
Manufacture & Export Overview
India has emerged as a global hub for automobile components and accessories manufacturing. The country’s auto component exports crossed USD 23 billion in FY2024, contributing significantly to the global supply chain.
Government initiatives such as “Make in India” and the Production Linked Incentive (PLI) scheme have strengthened domestic manufacturing and export capacity.
Key Highlights
India is one of the top 10 automobile component manufacturers globally.
The industry employs more than 5 million people directly and indirectly.
Major export destinations include Europe, North America, Latin America, and Asia.
The aftermarket accessories segment is growing at 8–10% CAGR.
Leading Manufacturers and Exporters of Car Accessories in India
| Company Name | Established Year | Headquarters | Key Products | Official Website / Link |
|---|---|---|---|---|
| Samvardhana Motherson International Ltd. | 1986 | Noida, Uttar Pradesh | Interior & exterior modules, mirrors, wiring harnesses | https://www.motherson.com |
| Varroc Engineering Ltd. | 1990 | Aurangabad, Maharashtra | Lighting systems, electrical components, polymer parts | https://www.varroc.com |
| Sandhar Technologies Ltd. | 1987 | Gurugram, Haryana | Mirrors, locking systems, die-cast parts, vision systems | https://www.sandhargroup.com |
| Pricol Ltd. | 1972 | Coimbatore, Tamil Nadu | Instrument clusters, sensors, and automotive electronics | https://www.pricol.com |
| Asahi India Glass Ltd. (AIS) | 1984 | New Delhi | Automotive glass, windshields, and glazing systems | https://www.aisglass.com |
| UNO Minda Industries Ltd. | 1958 | Gurugram, Haryana | Switches, lighting, horns, seating, and alloy wheels | https://www.unominda.com |
| Bosch India Ltd. | 1951 | Bengaluru, Karnataka | Automotive electronics, safety systems, car service tools | https://www.bosch.in |
| Suprajit Engineering Ltd. | 1985 | Bengaluru, Karnataka | Control cables, speedometers, automotive lighting | https://www.suprajit.com |
| Lumax Industries Ltd. | 1945 | New Delhi | Headlamps, tail lamps, and automotive lighting systems | https://www.lumaxworld.in/lumaxindustries/ |
| TVS Auto Components Ltd. | 1911 | Chennai, Tamil Nadu | Automotive parts, accessories, and export modules | https://www.tvsautocomponents.com |
Export Contribution and Market Growth
| Particulars | Details |
|---|---|
| Total Auto Components Export (FY2024) | USD 23 billion |
| Car Accessories Export Share (approx.) | USD 4.8 billion |
| Major Export Destinations | USA, Germany, UK, Brazil, South Africa, Japan |
| Top Exported Products | Lighting systems, mirrors, electrical modules, alloy wheels, car electronics |
| Projected Growth (2024–2030) | CAGR 6–8% |
Future Trends in Car Accessories Industry
Smart Accessories: Integration of AI and IoT in infotainment, navigation, and driver-assistance systems.
EV Accessories: Rising demand for EV-compatible chargers, cables, and smart sensors.
Sustainable Materials: Focus on eco-friendly interior materials and recyclable components.
Online Retail Boom: E-commerce platforms like Amazon, Flipkart, and CarDekho boosting sales.
Global Expansion: Indian manufacturers are expanding partnerships with OEMs in Europe and North America.
Conclusion
The Indian Car Accessories Industry is a rapidly expanding sector, bridging innovation, design, and functionality. With a strong manufacturing base, government support, and growing export capacity, India is emerging as a global leader in automotive accessories production. Companies like Motherson, Varroc, Sandhar, and UNO Minda continue to represent Indian excellence on the world stage.



Post Comment