Saturday, December 14, 2024

Indian auto components industry sees 11.3% growth in H1 FY25: Report

India's auto components industry saw robust growth in the first half of FY25, with an 11.3% increase in market size to $39.6 billion. Demand for larger vehicles, especially UVs, surged, alongside a rise in motorcycles with higher engine capacities. EV sales grew overall, but electric passenger vehicles saw a decline.

from Auto-Industry-Economic Times https://ift.tt/RNnEe01

No comments:

Post a Comment

Hyundai India plans ₹7,500-cr capex for FY27 as Q4 net falls

Hyundai India is investing ₹7,500 crore and launching two new models this fiscal year to capitalize on rising demand. The company plans to e...