Auto Component Makers Bet Rs 22000 Cr On EV Capabilities Crisil Updated On Mon, May 26th, 2025 by Saurenergy India’s automotive component industry is expected to maintain a stable credit outlook this fiscal, supported by strong cash flows and limited debt, despite a continued capex of around Rs 22,000 crore to scale up electric vehicle (EV) capabilities, according to a Crisil Ratings analysis. The sector is projected to record 7–9% revenue growth, mirroring last […] Read more
