Auto stocks were trading with gains, with the S&P BSE Auto index increasing 87.31 points or 0.37% at 23509.09 at 09:49 IST. Among the components of the S&P BSE Auto index, Tata Motors Ltd (up 1.93%), Bosch Ltd (up 1.66%),Motherson Sumi Systems Ltd (up 0.85%),Bajaj Auto Ltd (up 0.67%),Eicher Motors Ltd (up 0.45%), were the top gainers. Among the other gainers were Ashok Leyland Ltd (up 0.36%), Hero MotoCorp Ltd (up 0.31%), MRF Ltd (up 0.29%), and Balkrishna Industries Ltd (up 0.23%). On the other hand, Exide Industries Ltd (down 1.34%), TVS Motor Company Ltd (down 0.87%), and Escorts Ltd (down 0.85%) turned lower.
At 09:49 IST, the S&P BSE Sensex was down 14.55 or 0.03% at 51002.97.
Share this article
NEW YORK, May 25, 2021 /PRNewswire/
Technavio has announced its latest market research report titled Automotive Instrument Panel Market by Application and Geography - Forecast and Analysis 2021-2025
The automotive instrument panel market is set to grow by 30.87 million units, progressing at a CAGR of over 6% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio s in-depth market research reports include value chain analysis and validation techniques employed for market sizing on various markets to help industry leaders improve their business.
Automotive Instrument Panel Market: Segmentation by Application
Automotive Instrument Panel Market to grow by 30 87 million units through 2025|Impacts of Drivers and Challenges prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
CCI approves intra-group reorganisation of Motherson Group
CCI approves intra-group reorganisation of Motherson Group The Competition Commission of India (CCI) on Tuesday gave approval to a proposal pertaining to intra-group reorganisation of the Motherson Group under the green channel route.
Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI upon receiving the filing of the notice for the combination by the parties concerned. Commission receives a notice under green channel from Motherson Sumi Systems, Samvardhana Motherson International & Sumitomo Wiring Systems relating to an intra-group reorganisation of the Motherson Group and is deemed approved, the regulator said in a tweet.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BMW Group, Continental AG, Gentex Corp., Honda Motor Co. Ltd., Hyundai Mobis Co. Ltd., Kappa optronics GmbH, Kyocera Corp., Magna International Inc., Mitsubishi Electric Corp., and Motherson Sumi Systems Ltd. are some of the major market participants. Although the growing uptake of automotive electronics will offer immense growth opportunities, government regulations regarding automotive mirrors are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive camera-based side mirrors market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.