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.
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 ...
RELATED ARTICLES
Excusive: TVS Motor Targets 6.8-7.2 Million 2W Production in FY27; No.2 Position in Sight
The automaker’s two-wheeler production for FY26 is estimated at around 5.7 million units.
PM Modi Inaugurates Kaynes Semicon Plant in Sanand
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
The Mumbai-based electric two-wheeler maker sold 1,350 units last month, its highest-ever monthly total, as distribution...




06 Mar 2025
4113 Views
Ketan Thakkar

Sarthak Mahajan