Auto Stocks Outlook: Why Sandeep Bandyopadhyay Prefers Auto Ancillaries Over Automakers

Auto sales are expected to remain strong as India enters the festive season, with improving exports, domestic demand and easing supply-chain concerns supporting the sector. Sudip Bandyopadhyay, Market Expert, remains positive on Bajaj Auto, Tata Motors commercial vehicles and Mahindra & Mahindra. However, he sees greater opportunity in auto ancillaries, which are increasingly becoming global suppliers to major OEMs. The shift from ICE vehicles to EVs could also benefit component makers as content value per vehicle rises. Sudip highlights companies such as Sona BLW, Samvardhana Motherson and Uno Minda, while pointing to their growing presence across aerospace, EMS and other related segments.