India's auto component manufacturers are expanding capacity, driven by a structural shift towards electric vehicles (EVs), increased electronics content, and safety systems. Localisation efforts and Production-Linked Incentive (PLI) schemes are fueling investments. Companies are focusing on segments like electronics, die-casting, alloy wheels, and advanced safety systems, which benefit from EV adoption and premiumization. This strategic expansion aims to meet evolving Original Equipment Manufacturer (OEM) requirements and capitalize on growing demand in these key areas.