Autocomp Sector Sees M&A Spike as Tech Transformation Gains Pace

India’s automotive component industry is undergoing a transformation, driven by an unprecedented wave of mergers, acquisitions and private equity (PE) investments. From legacy players consolidating their market positions to global investors betting big on the sector’s long-term growth, the industry is seeing a flurry of strategic deals aiming to enhance competitiveness, expand capabilities, meet regulatory requirements and cater to the growing demand for electric vehicles (EVs) and other alternate fuel solutions. 

The development comes in the wake of rapid technological changes such as electrification, the emergence of SDVs and connected vehicle technologies. To stay relevant, the major players are entering ...