Brakes India,a TSF Group company, unveiled its comprehensive range of products for passenger vehicles (PVs), commercial vehicles (CVs), tractors and off-highway applications at the Bharat Mobility Global Expo 2025. The company showcased its in-house designed and developed solutions, spanning conventional braking systems, air actuation systems, iron castings and an extensive aftermarket portfolio. These offerings cater to the evolving needs of both global and domestic markets.

“Our vision is global yet deeply rooted in India. We are expanding our international presence while steadfastly embracing the 'Make in India' initiative. Our roadmap is clear: to lead through innovation, expand our global reach, and drive the widespread adoption of electric vehicles. Our core engineering team possesses the expertise and capability to continuously enhance our products, encompassing foundation brakes with calipers, drum brakes, air actuation system, and even the booster master. We aspire for all our products to achieve global benchmarks. We are proud to contribute to the growth of the Indian automotive industry while expanding our global presence." said Brakes India Managing Director Sriram Viji.

Commenting on the issue, President of Heavy Vehicles Business Unit at Brakes India D Sridharan said, “As a trusted partner in the commercial vehicle industry, Brakes India provides solutions for vehicles ranging from 2 tons to 60 tons. Our new air actuation range exemplifies the precision, quality, and reliability that define our brand. This expansion enables us to cater to a broader customer base while strengthening our market position. Beyond foundation brakes, we are thrilled to enter the air actuation segment for trailers, aligning with our strategic focus on the rapidly growing Indian trailer market, which is projected to expand at a robust CAGR of ~15%. In addition, we are advancing innovative technologies such as Electronic Controlled Retarders, e-Park systems for commercial vehicles, and Hydraulic Hill Start Assist to further enhance safety and efficiency.”

“At Bharat Mobility 2025, we embraced the 'Beyond Boundaries' theme with our cutting-edge Opposed Piston Caliper. Designed for unparalleled braking performance, this bespoke solution delivers superior straight-line braking for high-performance vehicles and track enthusiasts. As India emerges as a global hub for automotive engineering, we see immense growth potential in both ICE and EV markets. Leveraging our experience serving multinational clients, we are strategically positioned to expand our export footprint and solidify our market leadership,” said President of Light Vehicles Business Unit at Brakes India K Vasudevan.

As a trusted Tier-1 supplier to leading OEMs worldwide, Brakes India continues to uphold its reputation for delivering cutting-edge solutions, focusing on design, development, world-class quality, competitive costs, and exceptional customer service.

Wheels India Limited (WIL), another TSF Group company, introduced a range of wheels tailored for the commercial vehicle sector and a cast alloy wheel rim for passenger vehicles. The 17-inch cast alloy wheel, designed specifically for the ‘Mid-SUV’ segment, offers a variety of offset configurations. Highlighting WIL’s commitment to excellence, Managing Director Srivats Ram  remarked, “Meeting customer expectations is our priority. These new products embody our commitment to delivering solutions that drive value and set industry standards.”

Turbo Energy, another TSF Group company, showcased its comprehensive range of turbocharger solutions at Bharat Mobility Global Expo 2025. Engineered at its development centre in Chennai with support from BorgWarner Turbo Systems, Germany, Turbo Energy continues to pioneer advanced technologies to meet the demands of the mobility industry.

These collective efforts underline the TSF Group's enduring legacy in innovation, quality, and customer-centricity, ensuring their continued leadership across diverse automotive segments.“Our customer-centric approach helps us to understand customer needs and provide appropriate solutions. Currently, two-thirds of boosting solutions in the Indian market use our turbochargers. We have a strong product range of turbos for clean mobility, powertrains using CNG, LNG, flex fuel, and hydrogen, apart from other applications in gasoline, hybrid, and diesel. Furthermore, our state-of-the-art high-speed e-compressors are used in fuel cell electric vehicles. The company’s strong backward integration, aftermarket support, and technology know-how from BorgWarner Turbo Systems keeps us ahead of the competition to meet customer demands,” said Executive Vice Chairman at Turbo Energy Ananth Ramanujam.

Comments (0)

ADD COMMENT

Link Copied!

Tier 1 component supplier Sona BLW Precision Forgings (Sona Comstar) has announced its financial results for Q1 FY2027, reporting revenue of INR 13.10 billion, representing a 54 percent YoY growth. EBITDA reached INR 3.03 billion with a margin of 23.1 percent, while profit after tax stood at INR 1.81 billion.

Interestingly, battery electric vehicle revenue reached an all-time high of 44 percent of total revenue, growing by 107 percent YoY.

During the quarter, the company unveiled its Sona Comstar 2.0 strategy and announced its entry into the robotics and physical AI sector, alongside expansion into high-voltage electric and hybrid powertrain systems through a partnership with DENSO Corporation.

Vivek Vikram Singh, MD & Group CEO, commented: “Q1 FY27 marks the unveiling of Sona Comstar 2.0 – our ambition to grow tenfold again over the next decade. As part of this strategy, we announced our entry into Robotics and Physical AI. Our partnership with DENSO also takes us into high-voltage electric and hybrid powertrain systems, completing an important missing piece in our electrification portfolio. The quarter was equally strong financially. We delivered our highest-ever quarterly revenue, BEV revenue and BEV revenue share. Revenue grew by 54 percent YoY, while EBITDA and PAT increased by 49 percent and 45 percent, respectively. BEV revenue more than doubled, and its share of automotive revenue reached an all-time high of 44 percent, despite continued weakness in the US EV market. This demonstrates the increasing diversification of our EV business across customers, products and geographies. We also secured new business across EV, hybrid and ICE powertrains, spanning India, Europe and North America and nearly every product category in which we operate.”

Comments (0)

ADD COMMENT

Link Copied!

Schaeffler India has reported its financial results for Q2 and H1 ended CY2026. Revenue from operations for the quarter was INR 26.81 billion, marking a 17.5 percent increase compared to the corresponding period of 2025, while net profit reached INR 3.36 billion.

For H1 CY2026, revenue from operations was INR 51.88 billion, up 18.1 percent YoY, with a net profit of INR 6.56 billion led by growth in the Automotive Technologies, Vehicle Lifetime Solutions and Intercompany Exports segments.

Harsha Kadam, Managing Director and Chief Executive Officer, Schaeffler India, said, “Schaeffler India registered a strong growth of 18.1 percent for the first half of the year. Our Automotive Technologies, Vehicle Lifetime Solutions and Intercompany Exports business continued the double-digit growth trajectory. Even for the quarter, despite a challenging market we recorded a 7 percent QoQ growth. Quality of earnings marginally impacted given cost pressures due to geopolitical developments. Overall, I am happy to share that we delivered on our financial performance consistently, amid volatility in a very dynamic macro-economic landscape. We remain committed on maintaining the momentum for the remainder of the year.”

Comments (0)

ADD COMMENT

Link Copied!

The Indian automotive component industry has delivered another strong performance in FY2026, reinforcing its position as a critical pillar of the country’s auto ecosystem and a growing player in global value chains.

According to the Automotive Component Manufacturers Association of India (ACMA), the sector recorded sales of USD 85.9 billion (INR 7,600 billion), marking a healthy 12.7 percent YoY growth. Supply to original equipment manufacturers (OEMs) grew even faster at 16.3 percent, driven by commercial vehicles (13%), two-wheelers (12%) and passenger vehicles (10%). The aftermarket segment expanded by 9 percent, supported by a rising vehicle population and increasing market formalisation.

Exports grew modestly by 5 percent, while imports rose 13 percent, resulting in a trade deficit of USD 1,370 million. Supply to the electric vehicle (EV) segment accounted for 4.6 percent of OEM sales, highlighting the sector’s gradual but steady participation in the country’s electrification journey.

Early indicators for FY2027 are encouraging. Despite global headwinds, Q1 performance has been resilient, underpinned by robust domestic demand and aftermarket growth. “Overall mood in the industry has been very positive. Since the GST 2.0 revision, the auto industry has continued to grow both domestically and in exports, and the component industry has followed suit,” noted Vikrampati Singhani, President, ACMA.

Infrastructure development has further boosted vehicular movement across categories, while demand for both new and used vehicles remains healthy. Several Free Trade Agreements (FTAs) have begun yielding results, with more expected to materialise.

The industry body stated that Europe has emerged as a bright spot for exports, benefiting from favourable trade pacts, even as overall European sentiment remains somewhat subdued. Exports to the region have contributed to an overall industry export growth trajectory around 9 percent in recent assessments.

Export Resilience Amid Geopolitical Challenges

Indian component makers have demonstrated remarkable consistency. North American exports held steady at USD 7.3 billion despite tariff pressures. However, CIS and Baltic region saw a sharp around 40 percent decline, largely linked to minimal trade with Russia.

ACMA noted that in Latin America the automotive industry faces a Section 301 investigation citing unfair labour practices and alleged government subsidies leading to overcapacity – claims strongly refuted by the industry.

Vinnie Mehta, Director General, ACMA, noted that “The auto component industry does not get any subsidy from the government,” pointing out that under the PLI scheme, only 2 out of over 1,100 ACMA members have availed benefits.

He also highlighted ongoing capacity expansions as evidence against overcapacity claims. Top export destinations remain the USA, Germany and Thailand, while imports are dominated by China, Japan, and Germany, with Asian imports (primarily China) reaching USD 17.75 billion, up 19 percent.

The rupee’s 10 percent depreciation helped limit USD growth to 7.1 percent, providing some cushion. Positive developments include the reopening of the Strait of Hormuz and normalisation of LNG routes, which are expected to further ease freight costs.

The split across vehicle segments has remained largely stable: Passenger Vehicles account for 45 percent of OEM sales, followed by Commercial Vehicles (25%) and Two-Wheelers (19%).

ACMA stated that localisation levels average around 70 percent industry-wide, though high-end vehicles and advanced technologies (such as certain drivetrains) lag. The push for deeper localisation, especially in electronics and EV supply chains, continues, with OEMs and component makers collaborating on the third round of related studies.

Leaders expressed optimism that sustained localisation efforts, combined with OEM capacity expansions, could help narrow the trade deficit in the coming years.

Mehta stated that challenges remain in areas like rare earth magnets, where licensing issues persist, and EV supply chains, which are still heavily influenced by China’s cost competitiveness.

Headwinds and Adaptive Strategies

Labour shortages have emerged as a significant, cross-industry issue expected to persist for the next 8-10 years. Factors include seasonal agricultural demands, festivals, elections and rising urban living costs, which have resulted in challenges for industries. Despite this, the automotive component industry has shown resilience – no major production disruptions have been attributed to component shortages.

Furthermore, small and medium enterprises (SMEs) face elongated CAPEX cycles, raw material price pressures and working capital challenges.

The industry is responding through increased focus on digitisation, robotics and automation.

“Opportunities are immense, with many traditional players diversifying into software, electronics and new-age technologies. Today, 7-8 percent of ACMA members are new-age firms and consumer electronics players have also joined the fold. India’s Global Capability Centers (GCCs) in automotive – over 200,000 total, with strong representation in components – are driving significant software and design work domestically,” said Mehta.

Capacity expansion & FTAs

It is no secret that the growing demand for newer vehicles has also led to automakers further expanding their manufacturing capacity, including both greenfield and brownfield projects.

For the automotive component industry, capacity utilisation currently hovers around 70 percent, aligned with peak industry needs.

“As OEMs expand – particularly in emerging hubs like Aurangabad, touted as the ‘next Sanand’ – component makers are expected to follow with corresponding investments,” revealed Mehta.

Furthermore, India’s emergence as a reliable alternative in global supply chains is gaining traction amid diversification away from concentrated sources. FTAs are viewed not merely as duty-reduction tools but as enablers of long-term partnerships.

“US RFQs increasingly seek certified Indian components, bypassing China and boosting Make-in-India appeal. We are hopeful about the EU FTA and potential US BTA, which could significantly elevate India’s share in global auto value chains,” said Singhania.

For the unversed, the automotive component industry in India directly employs around 5 million people, with the broader auto industry supporting nearly 30 million livelihoods. “India is emerging as a strong long-term partner,” stated Mehta.

With twin engines of direct exports and indirect contributions through global customers, the component industry is well-positioned for sustained growth.

FY2027 and Beyond: Cautious Optimism

Going forward, ACMA projects 8-10 percent value growth for FY2027 if current momentum holds, supported by strong Q1 performance and steady exports. While trade deficit reversal will take time – particularly with EV growth and imported advanced technologies – commitment to localisation from both OEMs and suppliers provides a clear pathway forward.

As Singhani summarised, “The short-to-medium-term outlook is positive, with momentum in infrastructure, alternative fuels and technology transitions. Global volatility remains a risk, but the industry’s resilience, adaptability and strategic focus on automation and partnerships signal a bright road ahead for Indian auto components.”

Comments (0)

ADD COMMENT

Link Copied!

Schaeffler India, a technology motion company, has received Bureau of Indian Standards (BIS) licenses for its manufacturing plants in Maneja and Savli.

With this, the company becomes the first in the Indian bearing industry to secure BIS certification for Cylindrical Roller Bearings (CRB). Additionally, these locations have received BIS licenses for Deep Groove Ball Bearings (DGBB).

Harsha Kadam, Managing Director and Chief Executive Officer, Schaeffler India, said, "This milestone reflects Schaeffler India's unwavering commitment to quality, operational excellence, and customer trust. Being the first company to secure the BIS license for Cylindrical Roller Bearings under the new standard is a proud achievement for our teams and demonstrates our readiness to meet evolving regulatory and industry requirements. We remain committed to setting benchmarks in manufacturing excellence and supporting the growth of India's industrial ecosystem”.

Comments (0)

ADD COMMENT

Link Copied!