Post Tagged with: "ICRA"

EV Components Capex Surge

EV Components Capex Surge

ICRA projects that the capex for EV components could surge. Ashish Bhatia with Riya Yerunkar look at the forces driving the Rs. 25,000 crore surge over the next three to four years. In recent years, India’s automotive industry has undergone significant changes due to government interventions and new compliance regimes. The, heightened consumer awareness, and the ongoing innovations with an[Read More…]

by June 26, 2024 Trending, Uncategorized
ZF Steering Looks Up

ZF Steering Looks Up

With the recent changes coming to fore, ZF Steering Gear (India) is looking up. Prateek Pardeshi looks at the key drivers. Robert Bosch Automotive Steering GmbH (RBAS) and the Munot Family are the major shareholders of ZF Steering Gear (India) Ltd. (erstwhile ZF Lenkystene GmbH). After RBAS purchased a 100 per cent stake in ZF Lenksysteme GmbH, to turn a[Read More…]

by May 22, 2023 Trending