'Uno Minda has come up with a presentation that focuses on the growth of auto industry.
The two wheelers auto industry recorded a 6% growth due to rising rural demand. PV & CV segment grows by 5% & 3% in respect with continued infrastructure led momentum & expansion of e-commerce sector. The European auto industry continue to face headwinds with cheaper imports and high production cost in region.
Electric 2 wheelers registration crossed 1 million numbers first time with sales at 1.14 million units for FY 25, YoY growth of 22%. The reduction of duties to near 0% by UK on goods
imported from India including auto components present new market for Indian auto comp Industry.
The company has made partnership with inovance transitioned to joint venture, board approved setting up of a greenfield project for electric vehicles where they powertrain products for four wheelers at Khed, Pune as well as capex for expansion of 2wheeler AW capacity by additional 1.5 million pa at B...
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