Industry News

Indian Auto Comp Industry set to cross $ 80 bn revenue in FY2025, up from $ 49.3 bn in 2020

Rubix Data Sciences, a technology and analytics-based B2B risk management and monitoring platform provider has released its latest report Rubix Industry Insights – Automotive Components.The automotive components industry’s revenue is expected to cross USD 80.1 billion in FY2025, growing at 8% CAGR since FY2020. At present, its exports have touched ~USD 21.2 billion having grown […]

Industry News

Indian CE industry clocks record breaking 26% sales growth for second consecutive year

With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian Construction Equipment industry has recorded 26% increase in overall sales volume for the financial year 2023-24, surpassing all projections. With these landmark figures, the CE industry has set yet another record, thereby sustaining the previous year’s growth momentum. The […]