Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws

The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to leading Indian and global OEMs, is banking on system integration as well as adopting new manufacturing competencies to diversify into more sectors for future growth. The company has also kicked off a pilot project of L5 electric three-wheelers in Bengaluru and Delhi for last-mile mobility operations.

05 Jul 2025 | 629 Views | By Mayank Dhingra

Gurugram-headquartered Modern Automotives, which is a leading supplier of powertrain, suspension and chassis components to two-wheeler, passenger vehicle, and commercial vehicle OEMs in India, is aiming at a robust 25% CAGR by FY2031.

The company, which supplies forged connecting rods, crankshafts, fork bridges, front fork assemblies, and kick-starter arms ...

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