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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

Pricol Limited to acquire Sundaram Auto Components’ Injection Moulding business

The debt-free acquisition is being made through an all cash deal for an amount of Rs 2.15 billion and is subject to adjustments, if any, as defined in the agreement at the time of closing the deal.Read more

Riding the Trump triumph wave!

Riding the Trump triumph wave!Read more

On a fast-track growth

On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more

Bain Capital to invest in auto component maker RSB Transmissions

Bain Capital, a multi-asset alternative investment firm, invests across various asset classes, including private equity, credit, public equity, venture capital, real estate, life sciences, and insurance. Read more

Indian EV market expected to grow at over 40% CAGR till 2027: Niveshaay

The EV sales volume in India could touch around 3-4 million units by 2025 and 10 million by 2030.Read more

Goyal urges auto component makers to seek investment from EFTA countries

The minister urged the industry to create a road map to become the world's largest auto market, combining organic growth with international outreach. Read more

Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper

In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead more

MCE component localisation levels to rise 70% in 5-7 years; ICRA

The Indian mining and construction equipment (MCE) industry is the third largest in the world in terms of volumes sold, however, it imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others.Read more

Indian manufacturing sector sentiments improved for Q1 24-25: FICCI

The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more

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