India’s auto component industry is poised to become a $100 billion powerhouse by 2030, provided it embraces electrification, innovation, and global integration, according to Sona Comstar CEO Vivek Vikram Singh. Speaking at the India Mobility Summit 2025, Singh laid out a bold vision for the sector, emphasizing the need for scale, sustainability, and strategic exports to position India as a global supplier of next-generation automotive technologies.
“The opportunity is real. We have the talent, the cost advantage, and the demand tailwinds. What we need now is a mindset shift—from being a domestic supplier to becoming a global tech partner,” Singh said.
India’s auto component industry currently stands at approximately $70 billion, with exports contributing nearly $20 billion. Singh believes that with the right policy support and industry collaboration, the sector can cross $100 billion in total revenue and double its exports by the end of the decade.
India Auto Component Industry – Growth Snapshot
| Parameter | Value (2025) | Target (2030) | CAGR Required |
|---|---|---|---|
| Total Industry Size | $70 billion | $100 billion | ~7.4% |
| Export Revenue | $20 billion | $40 billion | ~14.9% |
| EV Component Share | 12% | 35% | ~22% |
| Employment | 5 million | 7 million | ~6.9% |
Singh highlighted three key growth drivers: electrification, software-defined vehicles, and global supply chain diversification. He noted that Indian firms must invest in R&D, automation, and quality systems to meet the evolving demands of global OEMs.
Sona Comstar, a leading supplier of drivetrain and motor components for electric vehicles, has already expanded its footprint in North America, Europe, and China. The company supplies to Tesla, Rivian, and several European EV startups, and is now exploring partnerships in Southeast Asia and Latin America.
Sona Comstar – Global Expansion Strategy
| Region | Current Presence | Key Clients / Partners | Expansion Focus (2025–2030) |
|---|---|---|---|
| North America | Manufacturing + R&D | Tesla, Rivian, Magna | EV motors, software modules |
| Europe | Sales + Tech Center | VW Group, Renault | Lightweight components |
| China | JV + Supply Chain | Local EV startups | High-speed motor systems |
| Southeast Asia | Entry Phase | OEM scouting | Two-wheeler EV components |
| Latin America | Feasibility Study | Brazil, Mexico OEMs | Transmission systems |
Singh also called for a national auto component export mission, similar to India’s electronics and textiles push. “We need a dedicated export strategy—trade agreements, logistics support, and branding. ‘Made in India’ should mean precision, reliability, and innovation,” he said.
He urged the government to expand the Production Linked Incentive (PLI) scheme for auto components, especially for EV parts, semiconductors, and software integration. Singh also emphasized the need for skilling programs to prepare India’s workforce for high-tech manufacturing.
India Auto Component Export – Sectoral Opportunities
| Component Category | Current Export Share | Growth Potential | Key Markets |
|---|---|---|---|
| EV Drivetrains | 6% | High | US, EU, China |
| Infotainment Systems | 4% | Moderate | EU, ASEAN |
| Safety Electronics | 3% | High | Japan, Germany |
| Lightweight Structures | 5% | High | EU, Mexico |
| Traditional Parts | 82% | Low | Africa, Middle East |
Industry bodies like ACMA (Automotive Component Manufacturers Association) have echoed Singh’s optimism, projecting a $40 billion export target by 2030. ACMA President Shradha Agarwal said, “India is no longer just a cost play. We’re becoming a capability play.”
Singh also addressed the need for ESG compliance and carbon neutrality. “Global OEMs are demanding green supply chains. We must invest in solar-powered plants, recycled materials, and digital traceability,” he said.
Social media and industry forums have responded positively to Singh’s remarks, with hashtags like #AutoComponentIndia, #SonaComstarVision, and #EVExports trending across platforms. Analysts believe that India’s auto component sector could mirror the success of its IT and pharma industries if it scales globally with innovation and quality.
Public Sentiment – India Auto Component Growth Vision
| Platform | Engagement Level | Sentiment (%) | Top Hashtags |
|---|---|---|---|
| Twitter/X | 1.3M mentions | 88% supportive | #AutoComponentIndia #EVExports |
| 1.1M interactions | 85% optimistic | #SonaComstarVision #Mobility2030 | |
| 980K interactions | 82% proud | #MadeInIndiaAuto #GlobalAutoParts | |
| YouTube | 860K views | 84% analytical | #AutoIndustryExplained #EVComponents |
As India prepares for the Global Mobility Summit in early 2026, Singh’s vision could shape policy discussions and investor strategies. With the right mix of innovation, infrastructure, and international outreach, India’s auto component industry may well cross the $100 billion mark—and become a global force in the mobility revolution.
Disclaimer: This article is based on publicly available industry statements, trade data, and verified media reports. It does not constitute investment advice or corporate endorsement. All quotes are attributed to public figures and institutions as per coverage. The content is intended for editorial and informational purposes only.
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