New Delhi, May 22 -- Auto ancillary stocks are growing due to rising vehicle demand, premiumisation, exports, and higher content per vehicle. Companies expanding capacity, entering new technologies, or winning global orders may deliver faster revenue and profit growth.

They also offer exposure to India's manufacturing push and long-term automotive transformation trends.

Here are three auto ancillary stocks with strong expansion plans.

Uno Minda is a leading Indian auto-components maker supplying lighting systems, switches, alloy wheels, EV parts, sensors, seating, electronics and more to major OEMs.

According to an investor presentation on 16 May, Uno Minda is setting up a state-of-the-art greenfield manufacturing facility in Chhatrap...