Auto parts companies riding high on premiumisation

Auto parts companies riding high on premiumisation

Mumbai: Makers of car sensors, sunroofs, alloy wheels, ADAS (advanced driver assistance systems) instrument clusters and other such parts and systems are experiencing surging demand due to the premiumisation wave sweeping India’s growing automobile industry. These companies have become a major beneficiary of the growing demand for cars and SUVs with high-end features related to … Read more