Autocar Professional - 1st March 2025

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Autocar Professional’s Mar 1, 2025 Edition is out! Strap: This edition takes an in-depth look at India’s auto component industry as it undergoes a major transformation, driven by mergers, acquisitions, and private equity investments. Traditionally reliant on organic growth, Indian automotive suppliers are now aggressively scaling up, adopting new technologies, and expanding globally to remain competitive in a rapidly evolving market. This edition brings you the full picture. Leading players like Anand Group, Minda Corp, and Lumax Autotech are embracing M&A as a strategic necessity rather than an option. Anand Group has set an ambitious revenue target of ₹50,000 crore by 2030, while Minda Corp’s $3 billion growth plan is being fueled by high-value acquisitions. The stories in this edition focus on the multiple factors driving this consolidation wave, including the rise of electrification and Software-Defined Vehicles (SDVs), stricter emission norms, and shifts in global supply chains. The China-Plus-One strategy and increasing trade tensions are further influencing sourcing decisions, positioning India as a key alternative for global OEMs. Through extensive analyses and ground reports, this edition captures the impactful journey Indian component makers are undergoing—where India isn’t just keeping pace, it is also setting the pace