In recent years, Indian auto parts makers have been unable to make good ends of their lives, and house leaks have suffered from nightly rain. At a time of falling sales, manufacturing costs have risen. As the saying goes, "living people can't be suffocated by urine," and when the industry's pattern changes dramatically, it's bound to sit still and wait for success. In light of this, distressed auto parts makers have begun implementing business diversification strategies and have turned their attention to new investment areas such as healthcare, real estate, sports infrastructure, aviation and even robotics. However, most auto parts manufacturers have not completely transformed themselves. They are using existing resources to develop products in related fields while retaining auto parts production lines. For example, an automotive air-conditioning manufacturer uses existing air-conditioning manufacturing facilities to produce heat-insulated containers, refrigerators, and other related products. According to the report of India’s “Economic Times†on November 19, the auto parts manufacturing company based in Delhi, FiemAuto, stated: “We have developed new LED products and the production cost is only about half that of foreign companies.†In the FiemAuto customer list, Honda, Mahindra and other well-known automobile manufacturers are impressively surprised. However, due to the shrinking of auto parts orders in recent years, the company decided to increase the research and development of LED products, and will also launch solar LED lights. In 2012-2013, new investment in auto parts fell from 20 to 2.15 billion U.S. dollars a year ago to 15 to 1.8 billion U.S. dollars. The total auto parts market in India is estimated to be around US$40 billion. Subros, India’s largest manufacturer of automotive air-conditioning systems, recently set up a factory to manufacture insulated containers and refrigerated compartments to meet the needs of India’s evolving chain retail industry. Subros Chairman Subros stated: "The retail and frozen products industry has a huge demand for this type of product. We have set up a complete organization to manufacture insulation panels, refrigerator components, etc. Finally these components will be used Make refrigerator cars." The declining economic growth in India has caused the demand for auto parts in various fields to suffer heavy losses, and the auto parts industry has become a negative growth industry. Sales of once-profitable bus and truck accessories fell by 32%. However, it is worth noting that the demand for auto parts in this area remains stable due to the increase in the demand for motorcycles and portable motorcycles. Sansera Engineering, headquartered in Bangalore, has manufactured driveline accessories for well-known auto companies such as Suzuki, Fiat, and General Motors. Now it has also adjusted its deployment and began investing in the aviation sector. In addition, in the second phase of the business diversification plan, the company will also invest in the health care field. Company executives said: "We will manufacture lighting, safety equipment, seats and the like. In the healthcare field, we will use our existing forging equipment and machinery to build sports facilities and equipment." Other auto parts makers such as Amtek also adjusted their production strategy. The company hopes to increase its sales of defense products and railway equipment to 30% in the next three to four years. In addition, Sona Koyo, India’s largest car steering system manufacturer, has also invested in the field of farm equipment. Acid Red dyes NINGBO YUNCAI CHEMICAL CO.,LIMITED , https://www.win-chemical.com