One cannot show its back to the fact that the Indian automotive industry has been suffering from a situation of supply constraints for the past few months.

In fact, the industry officials are of a view that such a situation has occurred just because of the high demand in the first four months of the fiscal year and as the demand will moderate, supply constraints will not be an issue.

It is to be mentioned here that the industry has been growing at around 30% this fiscal so far but SIAM has projected a cautious forecast of 12-15% growth for the fiscal.

Society of Indian Automobile Manufacturers director general Vishnu Mathur said that the component supply shortage is a serious issue for the Indian automobile industry even after the fact that it is restricted to specific components such as tyres and aluminium castings.

Going by the figures released by SIAM, during the April-June quarter, the domestic auto sales stood at a whopping platform of 35,34,922 units, a growth of 28.92% from the year-ago period. MSI Managing Executive Officer (Marketing and Sales) Mayank Pareek said that the company currently has a backlog of close to 15-20% on its books.