Indian auto part makers are likely to face a higher risk of their payments being delayed by General Motors Corp. (GM) after the U.S. automaker filed for bankruptcy.

"What outstanding amount is there, is now at higher risk of delay, but GM has had a good payment track record so we don't expect delays," Vishnu Mathur, president of the Automotive Component Manufacturers Association of India, or ACMA, told Dow Jones Newswires.

ACMA members exported about $1 billion worth of parts to top suppliers and vehicle makers in the U.S. in the fiscal year ended March 31, 2008.

Mathur also said Indian auto part makers could be hurt if they are supplying parts that GM may now not buy as it restructures itself by closing plants and discontinuing some vehicle models.

-By Nitin Luthra, Dow Jones Newswires; +91-11-4356-3306; nitin.luthra@dowjones.com