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
Mahindra Truck & Bus Launches Blazo i-TRK Range
Mahindra’s new BLAZO i-TRK claims up to 10% higher mileage and a 48-hour uptime guarantee for truck owners.
Volkswagen Plans Kylaq-Based Compact SUV for India
The new SUV will give Volkswagen access to the sub-four-metre SUV market and form part of a wider expansion of its India...
Tata Motors PV To Stick To EV-First Strategy, Keep Hybrids in Reserve: CEO Chandra
The automaker expects EV penetration to reach 10% by FY27-end and sees tighter CAFE norms strengthening the case for ele...


06 Mar 2025
5204 Views
Autocar Professional Bureau

Hormazd Sorabjee