In recent years, automobile industry has developed the capability of manufacturing all components required to manufacture vehicles, which is an evidence of growing economy in global market. The auto-component industry has holistic capability to manufacture the entire range of components like Engine parts, Drive, Transmission Parts, Suspension & Braking Parts, Electricals, Body and Chassis Parts, Equipment etc. The Indian auto-components industry has experienced healthy growth over the years by attributing the factors such as buoyant end-user market, improved consumer sentiment and return of adequate liquidity in the financial system.