The Indian auto component industry posted a strong performance in the first half of FY 2025, with turnover reaching approximately ₹3.32 lakh crore, an increase of about 11% year-on-year. The Economic Times Growth was driven by robust domestic supplies to OEMs and a steady aftermarket segment, while exports also expanded despite global supply-chain hurdles. According…
JK Tyre & Industries saw the “fleet operators India” segment and broader “commercial vehicles” category drive demand in the quarter, helping the company deliver a robust second-quarter performance. The tyre manufacturer reported a substantial rise in net profit for Q2 FY26, coinciding with favourable policy support and increased activity in logistics industry markets. Domestic volumes…
India’s commercial fleet operators are expected to post revenue growth of around 8-10% this fiscal year, according to CRISIL Ratings. The sector has maintained a strong momentum, following a compound annual growth rate (CAGR) of 12-13% over the past four years. This rise is driven by steady demand from domestic and import-linked freight sectors, aided…
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