By Mr. Anand Kumar, Business Head – Aftermarket, Uno Minda Ltd. The future isn’t physical versus digital, but digitally enabled physical networks combining reach, speed, transparency and intelligence. India’s automotive aftermarket is at an interesting inflection point. For decades, the sector has largely been defined by replacement demand, vehicle parc, price competitiveness and the reach […]
Arthur D. Little, the world’s oldest management consulting firm, has released a new report titled “Transforming India into a Global Automotive Hub: Roadmap for the Automotive Ecosystem”. The report explores the key areas of automotive value creation in India, such as becoming a destination for global platforms, achieving global scale in software and ER&D, striving […]
Looking Back at FY 2021 The year 2020 turned out to be absolutely unpredictable and arduous with lot of tough measures in place. It was until the month of October that the markets were looking weak, after which hope came in the form of demand revival. The industry was scrambling to get its supply chain […]
Looking Back at 2020 It was a very difficult year for sure, but it looks like Madhus Garage Equipment will get through it unscathed. We didn’t have to dip into our savings or cash reserves. We got through the year without any salary cuts or lay-offs. On the other side, we increased our team strength […]
Resultant higher cash accruals and lower inventory will bolster credit metrics With 20-22% revenue growth and 50-100 basis points (bps) improvement in operating margin expected for next fiscal, overall revenue and operating profits of automobile dealers are set to scale back to pre-COVID levels, a study of 191 rated by CRISIL Ratings Ltd. shows. Revenues, […]
One of the oldest dealerships of Tata Motors in India, Maurya Motors has come a long way in the last 30 years. With a firm presence in various segments related to vehicle sales, the company successfully weathered the pandemic-related storm and is looking forward to a strong year for earning growth in FY22, reports Rajesh Rajgor […]