Indian Auto Components Industry Grows To $33.8 Billion In First-Half of 2022-23: ACMA

Mahindra launches the XUV 3XO

Automotive Component Manufacturers Association of India (ACMA) announced the findings of its industry performance review today, for the first half of fiscal 2022-23. The turnover of the automotive components industry stood at $33.8 billion for the period April 2022 to September 2022, registering a growth of 34.8 percent, over the first half of the previous year. As per ACMA, the aftermarket in H1 2022-23 witnessed a growth of eight percent to $5.4 billion from $5.3 billion in H1 2021-22.

Commenting on the performance of the auto components industry in India, Vinnie Mehta, Director General, ACMA, said, “With vehicle sales and exports gaining traction, month-on-month, the auto components industry demonstrated a growth of 34.8 percent. Steady growth was witnessed in all the segments, from supply to OEMs to exports to the aftermarket. Exports grew by 8.6 percent to $10.1 billion while imports grew by 17.2 percent to $10.1 billion. The aftermarket, estimated at INR 420.07 billion, also witnessed a growth of eight percent. Component sales to OEMs in the domestic market grew by 46 percent to INR 2.23 trillion.”

Mehta went on to point out that Europe and North America remain the two primary export destinations. Exports to the CIS and Baltics fell sharply by 66 percent due to the war in Ukraine and the sanctions imposed in Russia, he said. “There has been a growth in electronics and electricals, thanks to the growing electric mobility,” Mehta added. “The usage of vehicles, for personal as well as commercial use, started to increase with recovery from the pandemic. The industry size surpassed pre-pandemic levels due to a combination of factors. For example, the surge in demand for new vehicles and used vehicles, shift in preferences towards larger/more powerful vehicles and an increase in commodity prices.”

Mehta also highlighted what holds good for the Indian auto components industry, like the domestic demand continuing to be strong, a focus on clean and new technology, new entrants in the mobility space, and more. He informed about aspects that do not work in favour of the industry and need to be overcome as well, such as the Russia-Ukraine war, the looming recession in Europe and the US, and high GST rates on auto components.

Sharing his insights, Sunjay Kapur, President, ACMA, and Chairman, Sona Comstar, said, “With vehicle sales across all segments reaching the pre-pandemic levels and moderation in the supply-side issues, such as availability of semiconductors, high input raw material costs and non-availability of containers, the auto components sector witnessed a steady growth in both domestic and the international markets in the first-half of FY2022-23. With the domestic manufacturing of vehicles and components gathering pace, imports also witnessed an uptick.”

Elaborating on the mood of the industry and outlook for the near to mid-term future, Kapur mentioned that going forward, he is optimistic that the current fiscal year will witness another good performance from the auto components sector. “Further, with growth in consumption of EVs, we are witnessing fast transformation of the auto components sector to be an integral part of the EV manufacturing supply chain,” he said. “The components industry is making steady investments as also acquiring technology companies. For a medium to long-term outlook, we need to be wary of the impending recession in Europe and the US as also the supply chain issues which are not fully behind us.”

Speaking about how the two-wheeler segment is flourishing, Kapur cited that the festive season was very positive for this segment. He explicated, “We hope that the two-wheeler segment will come back on the growth track. This segment is also giving speed in terms of electrification.”

With the Covid surge in China, Kapur shared that they have battened down the hatches. “We are well-prepared for scenarios where we see some kind of uncertainty,” he expressed. “Also, as we continue to localise and invest in new technologies, we hope to reduce our dependence on other countries.”

AIS Windshield Experts Introduces Zero-Finger-Lift Insurance Process

AIS Windshield Experts

AIS Windshield Experts, a subsidiary of Asahi India Glass (AIS), has introduced a service model designed to manage the insurance claims process for motorists. As the company expands its network across India, it is transitioning into a concierge model to handle the administrative tasks associated with vehicle glass repair.

The brand has established tie-ups with major insurance providers in India to create a cashless ecosystem. Under this system, the company manages the lifecycle of the claim, including filing and document inspection. This removes the requirement for customers to fill out forms or pay for repairs upfront and wait for reimbursements.

In addition to administrative management, the company operates a fleet of mobile service vans. This allows company-trained technicians to perform glass replacement or repair at the customer’s home or office using original equipment manufacturer (OEM) grade materials.

Ratish Ramanujam, COO & Executive Director, AIS Windshield Experts, said: "Ours is a promise of accessibility. We know that for a car owner, the damage to the vehicle is only half the stress, the other half is the ordeal of getting it fixed and claim insurance. We have built a system where the customer’s only job is to give us a call. We handle the insurance companies, we handle the paperwork, and we handle the repair. Our goal is to save the customer's most precious resource: their time."

The expansion of these services across the country aims to standardise the car care experience by integrating repair services directly with the insurance sector.

Cricketer Jermimah Rodrigues Joins Tvarra As Investor Partner

Tvarra Helmets

Tvarra, an Indian helmet brand for women, has announced that Indian cricketer Jemimah Rodrigues has become an Investor Partner in the company.

The equity-led partnership is based on a long-term collaboration focused on the brand's vision of safety and independence for women.

Founded by Alpana Parida, Tvarra was established to address a gap in the safety ecosystem, where helmets were often versions of products designed for men. Tvarra helmets are claimed to be engineered for women’s head sizes, weight distribution and urban commuting requirements, including considerations for hair and earrings. The products carry ISI and DOT certifications, meeting both Indian and international safety standards.

Alpana Parida, Founder, Tvarra, said, “Every woman deserves the freedom to step out into the world with confidence. Whether it’s riding to college, heading to work, or pursuing something meaningful to her, safety should never be a barrier. Jemimah’s discipline, energy, and clarity of purpose reflect exactly how we think about building safety — thoughtfully, responsibly, and for the long term.”

As an investor partner, Rodrigues will participate in shaping the brand's vision and advocating for safety. Her role is defined as ownership rather than a standard endorsement.

Jemimah Rodrigues, Investor Partner, said, “Sport teaches you preparation, consistency, and belief. Everyday life teaches women the same things. Mobility builds confidence. Safety builds courage. Tvarra is building both—and that’s why this partnership feels personal to me.”

Tvarra helmets are available through online channels in over 600 cities. The company’s 2026 roadmap includes expansion into offline retail and the introduction of new categories, such as helmets for riders aged 5 to 16.

Detailing Notch Brings Salon-Grade Vehicle Care To Your Doorstep

Detailing Notch Brings Salon-Grade Vehicle Care To Your Doorstep

A new auto-care  brand named Detailing Notch has entered the Indian market with the mission to transform everyday vehicle maintenance. Founded by Shivam Budhiraja and Gautam Budhiraja, the founders of the automotive platform Team Car Delight, the company focuses on shifting maintenance from inconvenient external services to simple, reliable at-home routines. This creator-led perspective is informed by deep community engagement and a recognised gap in the market for consistently dependable products.

Developed and manufactured entirely in India across two dedicated facilities, the brand’s formulations underwent nearly two years of rigorous testing. Each product is engineered to perform reliably under diverse local conditions – from extreme heat and monsoon rains to heavy dust – ensuring effective results regardless of climate. The emphasis is on sustained performance and practical usability rather than temporary appeal.

Detailing Notch launches with a curated selection of solutions, including a Waterless Wash and a Microfiber Car Duster, alongside coatings and polishes. Designed for efficiency, these products require no special expertise and deliver quick results, such as a clean-and-wax finish in minutes or dust removal without streaks. The brand aims to serve a broad spectrum of vehicle owners, from daily commuters to enthusiasts, by making quality care accessible and straightforward.

Guided by a ‘Top Notch or Nothing’ ethos, the company prioritises building long-term trust through consistent performance and transparency. By offering tested, convenience-driven products, Detailing Notch seeks to set a new standard in the auto-care industry, moving beyond exaggerated claims to deliver practical and dependable everyday maintenance solutions.

Shivam Budhiraja, Co-Founder & Content Creator, said, “At some point, all of us have experienced the frustration of using a product that looks promising on the shelf but underdelivers the moment you apply it. As someone who has been part of the creator ecosystem for years, I’ve seen how strongly audiences value transparency and honest performance. That’s exactly what pushed us to build Detailing Notch, products that are tested internally, deliver what they claim and integrate effortlessly into daily routines.”

Gautam Budhiraja, Co-Founder of Detailing Notch, said, “Detailing and maintaining your vehicle shouldn’t feel time-consuming. Most people want their vehicles to look good but don’t always have the time or patience for multi-step routines. We built Detailing Notch for this exact reality: quick, convenient, dependable products that fit seamlessly into everyday life while still delivering a premium finish.”

Gulf Oil Launches Syntrac Motorcycle Engine Oil At India Bike Week 2025

Gulf Oil Lubricants India

Gulf Oil Lubricants India has introduced Gulf Syntrac, a range of fully synthetic motorcycle engine oils, at India Bike Week (IBW) 2025. The launch marks the company's expansion into the high-performance motorcycle segment in India.

The Syntrac range is API SP compliant and utilises ester technology. It is positioned above the existing Gulf Pride range as the company’s flagship line for motorcycles.

The company stated that the formulation is engineered for engines, gearboxes, and wet clutches operating under high temperatures and loads. The range includes 11 stock-keeping units (SKUs) across several viscosity grades –10W-30, 10W-40, 10W-50, 15W-50 and 20W-50. It features advanced esters designed to maintain film strength at high RPMs. The Syntrac range is intended for city riding, highway touring and high-speed operations.

During the event, Gulf Oil also showcased the Gulf Trackhouse Racing Team’s MotoGP bike in its official livery. This display was intended to highlight the company's use of racing environments as a testbed for lubricant innovation. The brand pavilion also featured stunt performances by international Enduro rider Pol Torres.

Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India, said, “India Bike Week is a true celebration of the spirit of motorcycling, and our third consecutive year with IBW has only strengthened our bond with India’s biking community. The unstoppable energy at IBW and turnout of riders from across the country perfectly mirrors Gulf’s own ethos of performance and passion. The launch of Gulf Syntrac at IBW is especially significant for us, it represents our commitment to high-performance, fully synthetic solutions inspired by motorsports and built for passionate riders. Through immersive experiences, motorsport showcases like the Trackhouse MotoGP bike in the Gulf Livery, and direct engagement with riders, IBW continues to be a powerful platform for Gulf to inspire ambition and grow alongside India’s vibrant motorcycling fraternity.”