We see 2018-2019 is going to be a continuously good year with government infrastructure coming up, goods and services tax (GST) is making it more easy for the automobile business to grow, we are confident of having a good growth, if not double digit growth, for next year," N Muthukumar, President and Whole Time Director of Automotive Axles told CNBC-TV18.

Indian CV market growing well; need to improve technology: Automotive Axles

Automotive Axles is in focus on the back of strong North America class 8 truck data. In an interview to CNBC-TV18, N Muthukumar, President & Whole Time Director of Automotive Axles spoke about the same and his outlook going ahead.

Double-digit margins a sure thing in future: auto ancillary cos

Both NK Minda, Chairman, Minda Industries and N Muthukumar of Automotive Axles are confident of double-digit margin expansion for the companies going forward.