-
ACMA Hosts Inaugural STEER 2025, Setting the Course For India’s Automotive Aftermarket
August 08, 2025
According to data presented by Ernst & Young, India’s auto component sector has experienced robust growth, registering a compound annual growth rate (CAGR) of 12 percent from FY2018 to FY2024. The aftermarket segment itself expanded at around 8 percent
MT Bureau
-
Lumax Reports Net Profit Of INR 540 Million In Q1 FY2026
August 08, 2025
The company also highlighted key strategic initiatives during the quarter, including the full acquisition of IAC India, which strengthens its position in the EV interior space. Additionally, the Board of Directors approved the establishment of a branch of
MT Bureau
-
Tata AutoComp To Acquire IAC Group Slovakia
August 07, 2025
The move is part of Tata AutoComp’s strategy to further strengthen its capabilities and expand its presence in the UK and EU markets.
MT Bureau
-
Uno Minda’s Bet On Diversification Helps Net Profit Grow 46% In Q1 FY2026
August 06, 2025
The EBITDA came at INR 5.43 billion with a margin of 12.1 percent, as against INR 4.08 billion and a margin of 10.7 percent for the same period last year. The net profit grew by 46 percent at INR 2.91 billion.
MT Bureau
-
Bharat Forge Reports INR 3.39 Billion Net Profit For Q1 FY2026, Maintains Cautious Outlook On US Export Biz
August 06, 2025
The company attributed that it maintained a healthy financial performance despite challenging export market conditions, but resilient performance driven by strong domestic demand and strategic order wins.
MT Bureau
-
Tata AutoComp, Japan’s Ichikoh To Focus On Automotive Lighting Business In India
August 05, 2025
As per the understanding, Tata AutoComp Systems and Ichikoh form a JV to acquire Valeo’s lighting business in India will see the partners acquiring Valeo Lighting Systems (VLS) business of Valeo India.
MT Bureau