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.
By Darshan Nakhwa
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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 ...
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