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Auto Ancillary
The auto ancillary sector plays a pivotal role in supporting India’s automotive industry, contributing to both domestic production and international markets. As India’s automotive industry grows rapidly, the demand for high-quality auto components—spanning traditional vehicles and emerging sectors like electric vehicles (EVs) and smart mobility technologies—continues to expand. The auto ancillary sector is set to play a critical role in this growth by enabling the production of advanced components, including those for EVs, autonomous vehicles, and connected technologies.
India is becoming a key global manufacturing hub for automobile components. This sector not only contributes significantly to the domestic economy but is also an essential part of the global automotive supply chain. The transition to electric vehicles (EVs), the rise of smart mobility solutions, and innovations like connected vehicles are opening new avenues for investment and technological advancement. As the demand for high-precision, advanced components increases, local auto component manufacturers are uniquely positioned to supply parts for these cutting-edge technologies.
the country
in Rs.Crs
Key growth drivers and opportunities in the Auto Ancillary sector
- Booming Automotive Market: With the growing presence of global OEMs in India, the demand for high-quality auto components is surging, presenting long-term growth opportunities for MSMEs in the sector.
- Electrification of the Vehicle Market: Government initiatives promoting electric mobility (EVs) and investments in battery manufacturing and EV components offer significant growth prospects for auto ancillary MSMEs.
- Localisation and Globalisation: As global OEMs localize their production, Indian auto ancillary MSMEs are increasingly supplying components that meet international standards. The influx of FDI further strengthens the sector's growth potential.
- Export Growth: India’s auto component industry is rapidly expanding its export footprint, supplying high-quality parts to global markets. MSMEs are well-positioned to capitalize on the rising demand for components in developed markets.
What Profectus Capital offers to the Auto Ancillary Sector
Comprehensive Loan Options
Profectus Capital offers term loans, working capital loans, and equipment loans to finance your auto ancillary investments..
Funding Scope
We provide financing up to Rs. 3 crore to meet your auto ancillary equipment needs, empowering MSMEs to grow and scale.
Collateral-Free Financing
For equipment loans, we offer collateral-free financing up to Rs.1 crore, ensuring a hassle-free funding experience.
Simplified Eligibility Criteria
Our eligibility criteria are based on cash flow stability and equipment viability, making it easier for MSMEs to access the financing they need.
Some of the Machineries we Fund
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CNC Lathe Machines (Computer Numerical Control Lathe Machines)
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Vertical Machining Center (VMC) Machines
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Presses and Press Brakes
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Grinding Machines
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Laser Cut, Plasma Cut, and Waterjet Cut Machines
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CNC Engraving Machines
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Robot Systems
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Injection Moulding Machines
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Die Casting Machines
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Milling Machines
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Bending and Forming Machines
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Driving the Future
The transition to electric vehicles (EVs) is not only revolutionizing manufacturing techniques but also creating fresh opportunities for growth in specialized components. The Indian auto component sector is poised to play a critical role in this change, focusing on components for EVs, autonomous vehicles, and hybrid models. This sector’s growth is supported by investments in R&D and collaborations with automakers to produce cutting-edge, sustainable products.
At Profectus Capital, we understand the unique challenges faced by MSMEs in this high-growth sector. From modernizing machinery and increasing production capacity to managing working capital and adapting to industry innovations, we provide tailored financial solutions that help businesses stay competitive and scale operations efficiently. To support the evolving needs of auto component manufacturers, we offer a range of financial solutions, including machinery and equipment financing, business expansion loans, and working capital financing.
Our customized loan offerings are designed to empower MSMEs to invest in cutting-edge technology, enhance operational efficiency, and seize new growth opportunities in the automotive sector. Whether it’s scaling production for electric vehicles or investing in sustainable manufacturing practices, Profectus Capital ensures that businesses have the capital they need to succeed in this dynamic and competitive market.
