Demand for auto components to remain buoyant despite weak exports: ICRA
Auto ancillaries have started witnessing a healthy ramp-up in revenues with a steadily rising share of EVs, where content per vehicle is expected to rise considerably.
auto component manufacturers in india
November 2022
July 2022
May 2022
Margins of auto ancillaries likely to return to pre-Covid levels in FY23: ICRA
The operating margins are likely to return to pre-Covid levels of 10.5-11% in FY23 compared to 10% in FY22.
Auto component makers plunge into a well of uncertainty
The automotive ecosystem got a rude awakening when the rug of the import-laden supply chain was pulled from under its feet — first during the lockdown, and then due to rising geopolitical escalations.
