Indian auto maker switch to China made auto parts now

Indian auto industry surprised the world with 8 month growth rate reaching 32%YoY. However, such fast growth speed disconcerts its local components suppliers by large quantity of auto parts shortage. Indian auto maker switch to China made auto parts now.

Springing up to be the 2nd world fast, the average annual growth rate of Indian auto industry is expected to reach 14% by 2020 becoming the fastest growing auto market in the world. But auto component suppliers seems haven�t prepared well to cope with the widening supply gap. The shortage of certain components even induces delivery postpone of the correlative cars.