Indian auto component manufacturers have a huge opportunity to expand their exports, especially in the independent aftermarket segment, according to a report by EY-Parthenon.
India's leading auto components maker Sona BLW Precision Forgings (Sona Comstar) has signed a binding term sheet with Jinnaite Machinery Co (JNT) of China to establish a joint venture company in Beijing last week.
Auto components maker Sona BLW Precision Forgings (Sona Comstar) has signed a binding term sheet with Jinnaite Machinery Co (JNT) to establish a joint venture company in China.
Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships
The rating agency estimates that the tariff-related impact could erode operating profits by Rs2,700-4,500 crore, equivalent to 10-15 per cent of the operating profits of auto component exporters and 3-6 per cent of the overall industry's operating profits.
As more consumers in India opt for higher-end vehicles and premium features (like sunroofs, ADAS, etc.), the demand for advanced and higher-value auto components will see a sustained growth, said a report by Ambit Capital.
Speaking exclusively to ANI, Ajai Sahai, Director General and CEO of FIEO, said car exports to the US are insignificant, so it won't have much impact on Indian automakers.
Revenue in the Indian auto component industry is expected to expand by 8-10 per cent in the upcoming financial year 2025-26, according to rating agency ICRA.
New Delhi [India], January 18: Bosch Limited, a leading global supplier of technology and services showcases its innovative advancements towards the future of automotive sector at the Bharat Mobility Global Expo (BMGE) 2025, held from January 17-22. With a focus on state-of-the-art safety sy
The industry, which was valued at USD 36.1 billion in H1 FY24, surged to USD 39.6 billion in H1 FY25. Several trends have emerged in the market, with consumers shifting towards larger and more powerful vehicles across all segments.
Gurugram (Haryana) [India], August 13: In its unwavering commitment to customer safety, Hyundai Mobis, one of the leading auto components brand, proudly announces the launch of its "Customer Awareness" campaign for the monsoon season. This initiative is designed to highlight the importanc
Manufacturing sentiments in India have shown an improvement in the first quarter of the financial year 2024-25, according to FICCI's Quarterly Survey on Manufacturing.