New Delhi, Feb. 16 -- India's top auto part makers are rushing to add more capacity, after the September cut in goods and services tax (GST) sparked a scramble for cars, scooters and sport utility vehicles.
Component makers such as Tata AutoComp Systems Ltd, Bosch Ltd, Belrise Industries Ltd, Uno Minda Ltd and Bosch Ltd have either kicked off capacity expansion plans or are evaluating them, as demand rises for wheels, seating systems, and electric vehicle components. Large automakers have already pointed to the need for capacity expansion at their suppliers.
Bosch Ltd, which makes braking and fuel injection systems and electric drive units, reviews capacity and investment plans based on volume trends, chief financial officer Karin...
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