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Varroc Engineering’s PBT rises 54% in Q1 FY26 on strong auto components demand
Varroc Engineering posts Rs 20.3 bn revenue in Q1 FY26, PBT before exceptional and JV profit up 54% YoY to Rs 822 million, driven by robust India and overseas operations.Read more
US tariff puts Indian auto components, tyre exporters on edge
A 25 per cent US tariff on Indian imports strains tyre and auto component exports, while domestic sales in June 2025 show mixed trends across passenger, commercial, and two-wheeler segments.Read more
Minda Corp, Japan's Toyodenso form JV for advanced automotive switches in India
The joint venture will set up a greenfield facility in Noida (Uttar Pradesh) with operations expected to commence in the second half of FY 2026–27.Read more
Can India’s Exports Takeoff Amid Global Market Uncertainty?
India's merchandise exports are navigating a complex global landscape marked by economic and geopolitical turbulence, including trade wars. India needs to take multiple measures to build a resilient, competitive manufacturing sector capable of capturing a larger share of global trade in an uncertain world, says Rakesh Rao. Read more
Indian auto component industry expects 8-10% growth in FY25: Vinnie Mehta
In this interaction with Rakesh Rao, Vinnie Mehta, Director General of Automotive Component Manufacturers Association of India (ACMA), presents his views on the impact of recent global events on Indian auto components industry.Read more
Slowing demand to curb auto component revenue growth to 6-8%
Exports are vital, currently constituting 15% of total revenue, down from about 17% in fiscal 2022. Although export growth is slowing, India's increasing share of high-margin, critical components— accounting for around 60% of export revenue in fiscal 2024 — will support profitability. Read more
Telangana’s T-Hub partners with Japanese auto manufacturer Denso
With major players like Mahindra & Mahindra, Bharat Forge, Exide, and Amara Raja Batteries setting up advanced manufacturing facilities, the state is transforming into a hub for both traditional automotive components and electric vehicle technologies.Read more
India's auto comp industry to triple to $200 billion by 2030
By 2030, sales to original equipment manufacturers (OEMs) could grow to $89 billion, while exports may soar to $100 billion, representing a CAGR of 30%.Read more
Pritika Group targets Rs 9.5 billion in 3 years with Rs 6.5 billion order book
The company also reported a consolidated EBITDA of Rs 541 million, reflecting its operational efficiency.Read more
85% industry revenue comes from sale of components to domestic vehicle OEMs
In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.Read more