Automotive components makers in India is set to register 10-12 per cent growth in revenue during the financial year 2023-24, said Crisil Ratings on Thursday.
According to a statement shared with stock exchanges, revenue rose 30 per cent to Rs 22,477 crore in the fourth quarter of FY23; sequentially revenue jumped 11. For FY23, revenue growth was 23 per cent to Rs 78,701 crore, which the company said it was the highest ever yearly revenue.
Mumbai (Maharashtra) [India], April 25 (ANI/PNN): OK Play India Limited (BSE Code - 526415), engaged in the business of manufacturing of plastic moulded Toys, School furniture, Outdoor Play Equipment, Infrastructure and Automotive components, Point of Purchase Products and E-Vehicles on the
New Delhi [India], February 2 (ANI/NewsVoir): Minda Corporation is one of the leading automotive component manufacturing companies in India with a pan-India presence and a significant international footprint.
Sunjay J Kapur, President, ACMA, said, "The Budget is a blueprint of a digitally-enabled Aatmanirbhar Bharat, coupled with measures that will drive sustainable yet inclusive growth at a rapid pace. Focus on exports, manufacturing, local value addition and encouraging green energy and mobilit
Auto Expo 2023 - Components would highlight and deliberate on the newer opportunities for auto component manufacturers, which would need to adapt to the change via systematic research and development.
Elin Electronics, a flagship company of Elin Group, was established in 1969 in Delhi NCR. It offers various products and services to its original equipment manufacturers (OEMs) customers, including electronic manufacturing services, design and manufacturing of electric motors, lighting produ
Mumbai (Maharashtra)/ New Delhi [India], November 25 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Continental Automotive Components (India) Private Limited, a multinational automotive parts manufacturing company, on acquisition of Southgate Tech Park, located at Electronic Cit
Mumbai (Maharashtra) [India], November 7 (ANI/PRNewswire): SGS is proud to announce the opening of its largest greenfield laboratory for quality testing of automotive components at Chakan in Pune.
Rajkot (Gujarat) [India], August 18 (ANI/PNN): Tirupati Forge Limited, a Rajkot based company engaged in the manufacturing and exporting of carbon steel forged flanges, forged components and other automotive components has posted spectacular performance for the Q1 of F.Y. 2022-23 against Q1
Bengaluru (Karnataka) [India], July 5 (ANI): The Karnataka state government signed a Memorandum of understanding (MoUs) with Malaysia-based Petronas Hydrogen and Continental Automotive Components(India) for a total investment of Rs32,000 crores in the presence of Chief Minister Basavaraj Bom
Pune (Maharashtra) [India], May 23 (ANI/NewsVoir): ADVIK Hi-Tech, a leading global automotive component manufacturer, today announced a new exclusive technology licensing agreement with Entecnia S.L.U., Spain for electric vacuum pumps for passenger car braking systems.