Spare part requirements of the vehicle as well as tractor users in India is met by Original Equipment Manufacturers (OEM) their vendors and a large number of other component manufactures who supply materials in branded or non-branded condition. With the advent of new technology in vehicles and desire to have more reliable and durable performance, the vehicle owners have started preferring genuine parts. In after market, more and more organized players are setting up workshops which use genuine spare parts cannibalizing the consumption of spurious parts which are generally used by the road-side garages. In addition, insurance companies are aligning to provide cashless facility through these Service Stations. Impact of GST (General Sales Tax) leading to uniform landing cost will further help the business to grow favourably in the country.

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