Pro Plus

Marquardt CEO Expects India Turnover to Grow to 400 Million Euros by 2030

The mechatronics specialist expects business to grow manifold on the expectation of strong demand across auto segments, and partnerships with original equipment manufacturers.

Darshan NakhwaBy Darshan Nakhwa calendar 06 Mar 2025 Views icon4113 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Marquardt CEO Expects India Turnover to Grow to 400 Million Euros by 2030

Auto, home and industrial solutions provider Marquardt Group expects its annual turnover from India business to grow 10 times by 2030, from the current level of 40 million euros per annum, its Chief Executive Officer, Björn Twiehaus said today. The company expects to deliver a manifold increase in business on the expectation of strong demand across auto segments, and advancement of partnership with original equipment manufacturers.

"The Indian market is growing, and we are prepared. We can offer solutions across automotive segments…We also plan to build on our current partnerships, and explore tie-ups with reliable players," Twiehaus told Autocar ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

STAY AHEAD OF THE CURVE WITH THE LATEST NEWS, ANALYSIS AND INSIGHTS INTO INDIA'S EXPANDING AUTOMOTIVE INDUSTRY

SUBSCRIBE TO AUTOCAR PRO PLUS

1 YEAR SUBSCRIPTION

$39.00

  • Unlimited Access to Pro Plus articles
  • Features and Insights
  • Opinions and Analysis
  • Pro Plus Newsletter
  • Multi-Device Accessibility
RELATED ARTICLES
Excusive: TVS Motor Targets 6.8-7.2 Million 2W Production in FY27; No.2 Position in Sight

auther Ketan Thakkar calendar31 Mar 2026

The automaker’s two-wheeler production for FY26 is estimated at around 5.7 million units.

PM Modi Inaugurates Kaynes Semicon Plant in Sanand

auther Arunima Pal calendar31 Mar 2026

The Sanand facility will manufacture Intelligent Power Modules--critical components for electric vehicles and industrial...

Odysse Electric Reports 137% Year-on-Year Sales Growth in March 2026

auther Sarthak Mahajan calendar31 Mar 2026

The Mumbai-based electric two-wheeler maker sold 1,350 units last month, its highest-ever monthly total, as distribution...