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 icon4220 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
India Notifies First Chip Fabrication Plant at Dholera SEZ

auther Shruti Shiraguppi calendar17 Apr 2026

Tata Semiconductor's ₹91,000 crore facility across 66 hectares is set to employ 21,000 persons at the Gujarat site.

No Purchase Postponement Yet Amid Proposed ICE Ban in Delhi: Ashok Leyland

auther Mukul Yudhveer Singh calendar17 Apr 2026

Ashok Leyland banks on twin‑fuel flexibility, aiming for 20% CNG share as customers weigh economics and policy.

No Plan to Export Cars to Europe from India, FTA to Boost Tech & Component Flow: Renault's François Provost

auther Ketan Thakkar calendar16 Apr 2026

CEO François Provost says €2 billion export target excludes vehicle shipments to Europe; India to anchor global supply c...