Indo Silicon is one of the biggest brands of auto parts & accessories in India Currently, this brand is being distributed across all states of India. They are known best for its quality and competitive price that has a wide range of hundred unique parts and accessories spread across the length and breadth of India.
THE AUTOMOTIVE INDUSTRY
The automotive industry has a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles, some of them are called automakers. It is one of the world's most important economic sectors by revenue.
Size of the Indian Auto Component Industry is around USD 39 billion and contributes 2.3% to India’s Gross Domestic Product (GDP).
During 2007-2017, Auto Component Industry registered a Compound Annual Growth Rate (CAGR) is 14%. In the same period, exports increased from USD 3.2 billion to USD 10.81 billion.