The Spare Parts Economy Is Bigger Than New Sales

Everyone celebrates new vehicle and equipment sales. The real money is often made after the sale. As India's installed base of cars, trucks, industrial machinery and railway equipment continues to expand, demand for replacement parts, maintenance and aftermarket services is growing steadily. This business is typically less cyclical and carries higher margins than original equipment sales. Companies like $UNOMINDA , $BOSCHLTD , $SCHAEFFLER , $TIMKEN and $ZFCVINDIA could be long-term beneficiaries of this quiet trend.