Sona Comstar zooms 10% after ₹1,600-cr acquisition of Escorts Kubota’s railways biz
The railway industry presents long-term growth opportunities, says Vivek Vikram Singh, MD and Group CEO, Sona Comstar.
The railway industry presents long-term growth opportunities, says Vivek Vikram Singh, MD and Group CEO, Sona Comstar.
Despite headwinds, auto component exports — which contribute around 30% to the total turnover of India's auto ancillary industry — have remained steady.
The company’s revenue from battery electric vehicles (BEV) witnessed a growth of 28% YoY to ₹222 crore, thus representing 30% of the total revenue in the December quarter.
North America accounts for 32% of the domestic auto components exports.