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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

Auto dealers to clock 8-10% revenue growth as volume normalises

Sales volume growth will normalise this fiscal from the 17.3% surge last fiscal, due to the high-base effect (especially in the commercial vehicle [CV] and passenger vehicle [PV] segments) as well as factors specific to different vehicle segments.Read more

Zen Technologies targets Rs 900 cr revenue by FY2025, reports strong order book, export wins

Ashok Atluri, the Chairman and Managing Director of this defence solutions provider, shared insights regarding the company's robust order book and its strategic trajectory.Read more

Anup Engineering is aiming for 25% revenue growth YoY for the next few years

In this interaction with Rakesh Rao, Reginaldo D'Souza, CEO, The Anup Engineering Ltd, highlights the changing dynamics of the process industry and how the company is gearing up to tap new opportunitiesRead more

Panasonic Electric Works aims at tripling revenue, expanding global reach by 2030

Panasonic Electric Works (PEWIN), a subsidiary of Panasonic Corporation, has ambitious plans to triple its revenue to over Rs 15,500 crore by 2030.Read more

Central govt commits to sustaining capital spending despite fiscal deficit concerns

The official emphasised that the Central government's objective is to encourage departments to accelerate capital expenditure (capex) in the current fiscal year to support economic growth.Read more

RKFL aims to double revenue with Strategic Expansion Plan

The company, headquartered in Calcutta with manufacturing facilities in Jamshedpur, is pinning its hopes on several key developments including acquisition of JMT Auto.Read more

MTAR Technologies secures defence license for advanced sub-systems manufacturing

Securing this license will significantly streamline their engagement with foreign multinational companies on diverse defence projects, says MTAR.Read more

Amara Raja Batteries reports 14% increase in revenues over previous quarter in Q1 FY 24

Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major, reported profit before tax of Rs 258.36 crores for Q1 of FY 24 registering a growth rate of 46 per cent over Q1 of FY23.Read more

Sundram Fasteners shows Rs 500 Cr profit in audited financial results for FY23

The board of directors of Sundram Fasteners Limited announced the audited financial results for the year ended March 31, 2023. It showed the twin milestones of crossing consolidated revenues of Rs 5,000 crores and net profit of Rs 500 crores by the company.Read more

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