The electric vehicle components market in India is booming, fueled by a plethora of factors, primarily the rising demand for eco-friendly transport. Supportive policies such as FAME and PLI schemes that subsidize EVs and promote local manufacturing of crucial components, advancements in charging infrastructure setups with the goal of establishing over 100,000 charging stations by 2030, localization driven by the Make In India initiative, increasing domestic production of lithium-ion batteries, innovation driven by key industry players like Tesla, BYD, Ola Electric, and more, and growing startup ecosystem focused on battery tech and systems are some of the key factors propelling the sector’s growth.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Electric Vehicle Component Manufacturers - 2025" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
M J Purohit
Managing Director, Axiom Energy Conversion
A supplier of EV chargers and DC-DC converters, also aims to continue delivering reliable and quality products that seamlessly integrate with India’s complex power infrastructure while meeting the evolving expectations of vehicle manufacturers and end-users
Swapnil Dol
Director, Dol Mobility
Specializes in indigenously made EV drivetrains that are fully audited and recognized by ARAI, With complete control over design and manufacturing, the firm had established a strong market position, particularly in the B2B sector
Avik Roy
CEO & Managing Director, Exide Industries
Designs, manufactures, markets and sells the widest range of lead acid storage batteries for the automotive, power, telecom, infrastructure projects, computer industries, as well as the railways, mining and defence sectors
Sanjay Rusia
CEO, JBM Group
With excellence in driving product innovation & value across automotive, buses & electric vehicles, EV charging infrastructure, EV Aggregates, renewable energy and artificial intelligence
Anurag Gahlot
Chief Operating Officer, Motherson Sumi Wiring India
The company is prepared to meet the customer needs at every stage of the supply chain, from initial product design and validation to tool design and manufacturing, finishing and processing, assembly
Sanjay Rastogi
Chief General Manager (HR), Olectra Greentech
Manufacture commercial EVs that serve as a cornerstone in India’s transition towards clean energy, also offer a cleaner, greener alternative to traditional commuting methods
Anil Kumar MR
President & Managing Director, SEG Automotive
Possesses expertise in developing EV components that are perfectly aligned with the unique needs of the market, localizes its solutions, and introduces the right technologies which match the market demands
Vivek Vikram Singh
Group CEO & Managing Director, Sona Comstar
The company produces BSG solutions for hybrid cars, traction motors for EV application, starter motors, alternators, transmission gears, axle stubs and differential assemblies for electric & combustion engine vehicles
Arvind Goel
Chairman, TATA AutoComp Systems
Delivers a comprehensive range of products, from battery packs and e-traction motors to battery cooling systems, electric compressors, and EV chargers
Anil Joshi, Director (Operations),& Siddharth Joshi, Executive Director
GP Joshi, Chairman & Sunil Joshi, Managing Director, Vishalfab India
Dedicated to providing high-quality products for the EV sector, the company has developed a robust three-pronged approach termed People Process and Technology
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