FEC has handled almost all types of automotive parts which are standard / oem equipment / fitments for almost all the major automobile brands of the world. FEC has been handling customers in the auto parts industry for over 20 years.
The Auto Parts industry is an important ancillary industry serving the OEM and open market segments. The Indian Auto Components industry is one with tremendous growth prospects. India has emerged as one of the key auto components centres in Asia and is today seen as a significant player in the global automotive supply chain.
The entry of new generation vehicles, increased demand for passenger vehicles due to higher disposable incomes and easy finance schemes have contributed to the growth of the automobile industry in India. This, as well as the aftermarket service segment has in turn led to the growing demand for genuine spare parts.
Major global OEMs are entering India to set up their components sourcing / manufacturing base for their global operations. Industry experts have estimated a 4 fold growth for this sector by 2020.