The Auto Ancillary sector is closely linked to Automobile Industries. The Indian Auto Ancillary industry is one of the crucial industries in India with higher growth prospects. Some examples of Auto Ancillary industries are: Tyre industries, Battery, Gears, Engines etc. India is emerging as global hub for auto component sourcing. A cost-effective manufacturing base keeps costs lower by 10-25% relative to operations in Europe and Latin America. Relative to Chinese suppliers, India is geographically closer to key automotive markets like the Middle East and Europe.