| |APRIL 20215Automotive sector in India is prospering at a rapid pace driven by cost competitiveness, improving infrastructure, and rising incomes. A testament of the future potential of the market is that the global players have either set up facilities in India or are going to. Today, India has risen to be the second largest two-wheeler manufacturer in the world, and seventh in global production in motor vehicles. The growth has had a direct impact on the automotive component manufacturing segment which has witnessed many several emerging to meet the increasing demand. In recent years, many automotive component manufacturers have gone beyond their role as parts suppliers for automotive manufacturers to enter other segments of the value chain. Many companies are moving past pure component manufacturing to operate as system integrators. If we look at the market landscape in Maharashtra, the automobile cluster has been developing due to the state's strong human capital, geographical advantage with access to ports, well-developed financial institutions, rising demand in the western region, and presence of big industrial houses. In addition, with the liberalization process, the state government has been providing a favourable investment climate and supporting infrastructure, which is attracting higher investment and industries to this state, including many automobile and component manufacturers. With the fillip from the government and the industrial maturity of the state, the segment is only going to thrive further with OEMs focusing on local manufacturing, and in fact closer to the regions where automobile makers have their facilities. After studying this market landscape in-depth, we have come up with the list of Top 10 Auto Components Manufacturers In Maharashtra 2021 who have excelled in this field with their innovative approach. Having proven their dedication to quality and delivery in order to meet the customer expectations in an end-to-end manner, these companies have stood out from the crowd. We look forward to receiving your feedback and suggestions. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comButtressing Automotive Manufacturing Vol 2 · Issue 3 · April, 2021Publisher Alok ChaturvediEditor Sudhakar Singh Editorial Team Janifha Evangeline Samrat Pradhan Hridkamal Roy Aveek Pal Chaudhuri Komal Banchhor Shiwani Pradhan Rakesh P Abantika Bhattacharje Suchita GonsalvesArt & Graphics Ashok Kumar Karthik K GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2021 SiliconMedia Technolo-gies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permis-sion from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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