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Auto component industry logs 11.3% growth in turnover at Rs 3.32 lakh crore in H1: ACMA

As per ACMA's findings, component supplies to OEMs in the domestic market grew by 11 percent year-on-year to Rs 2.83 lakh crore ($33,8 billion) during H1 FY 2024-25. The aftermarket, estimated at Rs 47,416 crore ($5.7 billion), also witnessed a growth of 5 percent year-on-year during that period, it added.
FY14 operating margins seen at 13%: Sona Koyo

Sona Koyo Steering Systems expects to grow its sale by 7-8 percent in FY14 and sees its operating margins improving to 13 percent during the year.

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