Automobile & Auto Components

The Indian auto component industry is one of India's sunrise industries with tremendous growth prospects. From a low-key supplier providing components to the domestic market alone, the industry has emerged as one of the key auto components centres in Asia and is today seen as a significant player in the global automotive supply chain. India is now a supplier of a range of high-value and critical automobile components to global auto makers such as General Motors, Toyota, Ford and Volkswagen amongst others.

As per an Automotive Component Manufacturers Association of India (ACMA) report, the turnover of the auto component industry was estimated at over US$ 18 billion in 2007-08, an increase of 27.2 per cent since 2002. It is likely to touch US$ 40 billion by 2015-16.

The growth of the Indian middle class along with the growth of the economy over the past few years has attracted global auto majors to the Indian market. Moreover, India provides trained manpower at competitive costs making India a favoured global manufacturing hub.

Indian original equipment manufacturers (OEMs) are making their mark today with Tata and Mahindra & Mahindra as leading Indian OEMs emerging on the global scene. With increasing competition from the global players, Indian OEMs have upgraded their technology and are manufacturing superior-designed vehicles.

MCP’s Automobile and Auto Components practice has a strong presence across the entire functional chain. We serve as the solution partner to top vehicle manufacturers, leading Tier 1-3 suppliers worldwide, OEMs and after-market service providers. The results speak for themselves —MCP has helped recruit several professionals over the past Two Years.

Our consultants who are mostly engineers from the Auto industry have the specialized skills that are required for successfully closing positions in this space. Given their varied experience, they have the ability to understand the mandates better in the broader context.