An industrial undertaking which is engaged or is proposed to be engaged in the manufacture or production of parts, components, sub-assemblies, tooling or intermediates, or the rendering of services and the undertaking supplies or renders or proposes to supply or render not less than 50 per cent of its production or services, as the case may be, to one or more other industrial undertakings and whose investment in fixed assets in plant and machinery whether held on ownership terms or on lease or on hire-purchase, does not exceed Rs 10 million.
Top six companies in the Auto Ancillary industry in India:
• Amtek India
• Aditya Gears Limited
• Brakes India Limited
• Dynamatic Technologies Limited:
• Goodyear India Limited
• Tube Investments of India Limited