The automobile sector has seen remarkable growth in recent years, and the same has been the case with the auto-component industry. It was reported in the year 2019 that the auto-industry expanded by 10.6%. This industry was able to reach the mark of US$56.2 billion in the FY19.
With the growing demand for automobiles, the requirements of auto-component have been increasing significantly. Reports suggest that today auto-component industry accounts for 2.3% of India’s GDP and it has a total of 1.5 million employees. In India, it is also a favourite destination for many foreign investors.
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Avtec is Off-Highway Transmissions and transmissions manufactures in India.
Avtec offers engine and transmission components, high precision gears & shafts, trasfer case, planetary gear drive, cylinder head, cylinder blocks, crank shaft, connecting rod and camshaft.
Avtec is automotive engines and transmissions manufactures in India. Avtec undertakes proprietary and contract manufacturing of petrol & diesel engines and transmissions for passenger cars