Auto Components News

india: Can India fully localise EV components? Suppliers say it can, with government incentives and JVs


Companies like Anand Group, Sona Comstar, UNO Minda, Brakes India and Lumax are pushing the localisation envelope. Armed with government schemes such as PLI, PMP and FAME II, they are focusing on making battery packs, electric motors and controllers, electricals and electronics, etc. India can make a global play with its software and application-engineering capabilities, and a lower cost base.

When Mercedes Benz’s India arm recently said it would locally assemble most of its electric cars in the next five years, there was one unanswered question floating around. Does India have a supplier ecosystem that allows automakers to fully localise their electric vehicles (EVs)? Well, the EV supply chain may not be completely ready just yet, but India’s auto component makers are gradually getting there – armed with government schemes and

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