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Tata AutoComp's Big Bet on Exports and Localisation for Growth
Arvind Goel, vice chairman of Tata AutoComp Systems, urges the industry to ignore the worries about the obsolescence of internal combustion technology and focus on tapping export demand.
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Tata AutoComp expects to double the share of exports in its revenue in the next five years: That’s the word coming in from the Vice Chairman of India's second largest auto component firm. “Today we are at 16-17%. We will try to double it to 30% in the next 5 years,” he said, speaking on the sidelines of the Bharat Mobility Global Expo 2025.
Goel said that the incremental exports could be driven by both EV and ICE categories. “All ICE engine suppliers in India should be able to export. Indian ICE suppliers should not worry at all. India ...
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