Bangalore: About 36 percent of auto components sold in the aftermarket are fake, stated an Automotive Component Manufacturers' Association of India (ACMA) report. Only 41 percent of such components are genuine.

This report revealed that by 2017, OEMs would register a growth of 20 to 30 percent. Also, the organized and semi-organized service chains will register growth in the coming years - 5 to 10 percent in organized sector and 20 to 30 percent for semi-organized sector. However, the unorganized sector will register a fall of 45 to 55 percent by 2017. Also, the automotive aftermarket of India was around 24,800 crores last year.

According to Autocar Professional, 36 percent of auto components in the aftermarket are counterfeit. This data was revealed by ACMA, in collaboration with AC Nielsen. Soumitra Bhattacharya, Chairman of ACMA Committee on Consumer Affairs & After-Market said that, “Only 41 percent of the components consumed in the Indian aftermarket belong to OEMs and OESs with other manufacturers and imported parts contributing to a 23 percent share.”

According to Business Line, a mere 41 percent of the auto components being sold in the aftermarket are genuine or come under Original Equipment Manufacturers (OEMs), while 23 percent of the parts are either imported or belong to Original Equipment Suppliers (OESs). Bhattacharya quoted, “The aggregate aftermarket around the globe is expected to cross $1 trillion by 2012, growing at over 5 percent. The current size of the components business in the Indian automotive aftermarket is estimated at 24,800 crores. The two-wheeler segment, with 49.7 percent leads the market, followed by passenger vehicles, commercial vehicles and three-wheelers at 24.7 percent, 23.1 percent and 2.5 percent, respectively.”

Arvind Kapur, President of ACMA said, “Only a small portion of vehicles here are serviced by OEM-authorized service centres; the rest are done by organized, semi-organized and a large number of small, unorganized players. Therefore, to ensure better customer service, a process of accreditation needs to be devised,” as stated by Business Line.

According to Economic Times, a loss of 2,200 crores was witnessed in 2011 by the Indian government on account of counterfeit auto components. According to Autocar Professional, ACMA is taking measures to check the counterfeiting of auto parts. In 2003, it launched a campaign called ‘Asli-Naqli’ in order to generate awareness among consumers regarding genuine auto parts. Big auto parts organizations have joined ACMA in this endeavor, like – Delphi, Bosch and Federal Mogul.