New Delhi, Dec. 23 -- Financial stress among European auto component makers is expected to create business opportunities worth up to $1.5 billion for Indian suppliers such as Samvardhana Motherson and Sona Comstar, even as demand in Western markets slows. At least two Indian parts makers, Sona Comstar and Samvardhana Motherson International Ltd, say troubles at European suppliers will likely drive incremental business in coming years as customers shift orders or past acquisitions begin to pay off. While Sona Comstar is betting on winning new business from clients of these suppliers, Motherson said that its resolution plans for some of the acquisitions of financially-troubled European suppliers are now finally bearing fruit, and will lead to more business for the company. The focus on Indian auto parts makers' plans to gain business from distressed European rivals has sharpened as analysts and investors assess whether these share gains can offset slower order growth for Indian suppliers after automakers scaled back electric vehicle (EV) investments. In fact, big auto manufacturers such as Ford and Volkswagen have started writing off EV investments amid slow demand for clean mobility in Europe. Analysts believe that supply chain realignment in Europe can lead to a more than $1 billion opportunity for Indian component suppliers as they find ways to gain from troubles at these firms. According to Harshvardhan Sharma, group head at Nomura Research Institute, automobile companies are looking for suppliers that are financially stable and geographically diversified. "For Indian players, this is translating into incremental order flows not only from emergency resourcing of distressed European vendors but also from deliberate long-term reallocation of global platforms," Sharma said. "If this trend persists, India could realistically capture an additional $1-1.5 billion of export-linked component business over the next 3-5 years, purely from European supply realignment," Sharma added. In the financial year 2025, the Indian auto component industry posted a revenue of $80 billion, with $23 billion coming from exports, according to Automotive Component Manufacturers Association of India. While Samvardhana Motherson's total revenue stood at $25.7 billion in FY25, Sona Comstar's revenue was around $415 million. Both the homegrown auto component makers would be among leading gainers in the European markets due to the fact that more than half of their revenue comes from international markets. In FY25, Sona Comstar saw 24% of its revenue coming from Europe, while Motherson saw 15% coming from the region. Companies are recognising the opportunities available in the European market. According to a note by analysts at Nuvama Institutional Equities on 5 December, Sona Comstar expects new business in the European market....