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Lumax Auto sees 36% revenue surge in Q1 FY26 on strong automotive demand

Lumax Auto Technologies posts Rs 1,026 crore revenue in Q1 FY26, up 36% YoY, with PAT rising 30% to Rs 54 crore, supported by strong OEM, aftermarket, and subsidiary growth.Read more

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

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

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

Spark Minda, HCMF forge innovative partnership for Sunroof Solutions in India

Under this collaboration, the two companies intend to leverage advanced technology and cutting-edge manufacturing processes to produce sunroof and closure technology products for passenger cars in India.Read more

Indian auto component exports at risk amid UAW Strike in the US

Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more

Varroc Engineering order win for Rs 5,178 cr includes key seven EV customers

Varroc Engineering bags order for Rs 5,178 crore during FY23 out of which Rs 1,796.8 crore oreder is from EV manufacturers. Company’s consolidated revenue from continued operations was Rs 6,863.1 crore in FY 22-23, registering a growth of 17.4 per cent on YoY basis.Read more

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