After a steep decline, Setco Automotive is charting a bold comeback—revamping its core business, expanding into new markets, and redefining its role in India’s commercial vehicle landscape
03 Mar 2025 | 5206 Views | By Shahkar Abidi & Kiran Murali
In fiscal year 2019, Setco Automotive stood at the summit of its industry, reporting a peak revenue of Rs 686 crore. As a dominant supplier of clutches to India’s medium- and heavy-commercial vehicle (M&HCV) market, the company seemed well-positioned for sustained growth. Yet, within two years, the ground beneath it ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
Proposed to take effect from 2027-28, CAFE III is estimated to tighten fleet-average CO2 emission targets by 16-21% over...
Sumit Mittal, a former infrastructure banker leads JSW Greentech's ambitious entry into electric commercial vehicles thr...
Ashok Leyland's decades-long dispute over a small parcel of forest-classified land at its Bhandara gearbox plant highlig...