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Passenger vehicle volume driving towards fourth consecutive peak: CRISIL

The entry of global premium EV models, including Tesla would intensify competition in the premium segment, which accounts for less than 10% of the overall volume, and will likely reset consumer expectations across categories, pushing Indian OEMs to accelerate technology upgrades.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

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