India to become major auto part manufacturer amid Russia-Ukraine war

14 Apr 2022 CW Team

The Russia-Ukraine war has made auto part makers in India shift their business models to supply more parts from within the country.

Major auto parts makers reminiscent of Lumax, Sona Comstar, Minda Industries, and Sandhar Technologies have been pushed to look at different de-risking choices due to rising input prices, giving the nation a chance to become the leading manufacturing hub of auto parts.

India gives a distinctive alternative to auto unique gear producers or original equipment manufacturers (OEMs) because it has a long-time manufacturing base.

Auto part producers have already begun processing extra parts across India, holding huge inventories, creating buffer shares and getting into long-term contracts.

Previously, the lead cycle for such contracts was shorter. The ongoing war disruption has stretched that to about nine months for some parts. It has become untenable and resulted in auto part gamers sourcing extra from throughout the nation.

Managing Director of Lumax Industries, Deepak Jain, told the media that because of the multiple disruptions and volatility, the expectations and ordering cycle keep changing.

He said that component makers are de-risking the provision chain by deep localisation.

The production-linked incentive (PLI) schemes for ACC battery and auto parts additionally give India a chance to become the leading manufacturing hub.

Jain said that with newer disruptive technologies like electric, hybrid, and green hydrogen coming up, it compels the company to manage the future and the present.

The Russia-Ukraine war has led to the price of raw supplies, like metals. It has threatened the survival of micro, small and medium enterprises (MSMEs) in addition to tier 2 and tier 3 suppliers.

Image Source

Also read: Indian auto component industry likely to grow 8-10% in FY23

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..