New Delhi, June 16 -- Facing shifting trade dynamics, geopolitical tensions, and cooling demand especially in the key US market, top Indian auto component makers Samvardhana Motherson, Sona Comstar, and Bharat Forge are either getting into new growth areas or beefing up existing presence in alternative sectors.

During management calls with analysts and investors in May after declaring their Q4 results, Sona Comstar (listed on the bourses as Sona BLW Precision Forgings Ltd) said it is looking at railways, Motherson at aerospace, and Bharat Forge said it is eyeing defence and electronics to boost growth even as the core auto business faces challenges.

The tweak in strategic direction follows the March announcement by US President Donald T...