Shekhar Movva: A Persistent Leader Overcoming Challenges To Set New Benchmarks | CEOInsights Magazine
  • Shekhar Movva,      Founder, Synergies Castings

    Shekhar Movva, Founder, Synergies Castings

  • People who excel in the world of business and entrepreneurship possess an array of personality characteristics. The ability to think outside the box, a willingness to learn new skills, open mindedness, and an eye for detail are all vital for the business. However, there is one quality that is absolutely necessary for commercial success, and that is `perseverance'. Shekhar Movva is an entrepreneur who has demonstrated this to be true. Shekhar is the President of Synergies, the country's first world class manufacturer of 4 wheeler aluminium alloy wheels. Synergies produces highquality alloy wheels that not only meet but exceed global quality requirements using cutting edge technology. Synergies is one of the few Indian auto component exporters with TS 16949, ISO 14001, Ford Q1, TUV, and JWL VIA certifications.

  • Shekhar Movva: A Persistent Leader Overcoming Challenges To Set New Benchmarks
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Top 10 Leaders in Automobile Accessories - 2022

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    With the increasing inclination towards automobiles cutomization, rising number of purchases in the cars including other automobiles, growing demands of customers, the Indian automobiles market has expanded prolifically. This growth has also boosted demand in the aftermarket auto accessories, and provided the imported cars also present in the market, there are many advanced technology driven car accessories too available to equip the customers advancing demands for repairing or remodelling or customizing the automobiles.

    The Indian after-sales of automobile accessory market has dramatically overhauled with the onset of auto accessories after market, its impact is quite visible in the auto market. As per Valuates Reports, Interior Car Accessories market size is estimated to be worth $212270 million in 2022 and is forecast to a readjusted size of $260940 million by 2028, registering a CAGR of 3.5 percent. While, Mordor Intelligence reports the passenger car accessories market to expand exhibiting a CAGR of 10.27 percent during 2020-2025. This growth is the result of increasing sales of passenger cars combined with rising sales of pickup trucks. The rising sales of automotive parts through e-retailers is expected to positively boost the global interior car accessories market growth in the near future.

     In the recent years, MSMEs and other businesses in the auto accessories sector have markedly contributed to the economy by creating motor clusters, exterior and interior accessories, suspension, and braking clusters. Due to the growing popularity of the aftermarket accessories, innovation is significantly propelling the growth of MSMEs and which is eventually helping the overall economy growth in India. There are many leaders in Automobile Accessories sector who need to be acknowledged for their quality product offerings in the market.

    In this issue of the CEO Insights magazine, a list of `Top 10 Leaders in Automobile Accessories - 2022' is provided to the readers in corporate and different sectors, for informing on the excellent services leveraged by the Leaders in the industry. The listing is prepared by a team of industry veterans, CEOs and VCs, and the CEO Insights magazine editorial board.

Top 10 Leaders in Automobile Accessories - 2022

Company Logo Company Management Company Name Company Description
Tuseva Akash Sonakia, CEO Tuseva An Automobile Expert in Automobile Data Research, Market Research & Analysis, and Market Intelligence which helps make Automobile Companies eliminate Entry Barriers and develop best Go-To-Market strategy
SOM Bhaskar Bhosale, CEO SOM With more than three decades of experience, he has worked for a number of firms in India and the United Kingdom as an Automobile expert. He holds a bachelor's degree in engineering and a master's degree in marketing from BITS Pilan
Shift Automobiles & Parts Kannan Manickavasagam, CEO Shift Automobiles & Parts An automotive leader has experience in excellent skills in Techno commercial After sales Managerial, Technical Roles and more
Roger Motors Kripal Sinh Jadeja, Founder & CEO Roger Motors An automobile engineer, expert car racer, and National Award winner entrepreneur, working in the automobile service sector for the past 25 years
Elegant Auto Retail Nikhil Singhal, Co-Founder Elegant Auto Retail Holds 10 years of experience in the Automotive Accessories marketing with deep understanding of Manufacturing processes, Business development for OEM supplies, New product research, e-Commerce and more
 OHT Fast Comp Parikshit Gupta, CEO OHT Fast Comp Holds a Chemical Engineering from BITS Pilani, MBA from IIT Bombay, in the firm he is responsible for business development, e-bidding, increasing productivity and cost reduction
Auto Prider Rakesh Yadav, Founder Auto Prider A keynote speaker, content creator and a leader serving the automobile industry for over five years with products, made using state-of-the-art technology and highquality automotive grade material
Motovil India Rohit Kumar Karmakar, Founder Motovil India An Automobile Enthusiast and Founder of the firm which makes available Automobile Parts and Accessories online, Servicing facility, Touring Support, Creators platform, and more
Autofurnish Trading Ruppal Wadhwa, COO Autofurnish Trading Possesses 12+ Years of experience in core automobile accessories manufacturing and facilities operations, supplier quality assurance, product quality assurance, logistics planning and strategy
Synergies Castings Shekhar Movva , Founder Synergies Castings He takes great delight in ensuring that the Company's operational and financial goals are met, as well as in establishing an ethical code of conduct and being an advocate for its values

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