Indian auto component industry’s revenue to grow by up to 7 pc in FY25: Report
New Delhi: The revenue growth for the Indian auto component industry is expected to moderate in FY2025, about 5 to 7 per cent, after a strong performance in FY2024, a new report showed on Thursday. According to rating agency ICRA, operating margins are expected to improve year-on-year in FY25, driven by factors like better operating