Auto component suppliers to log an 8-10% growth in revenue this fiscal: ICRA
Auto component suppliers are expected to log an 8-10 percent growth in revenue this fiscal driven by healthy domestic original equipment manufacturers (OEMs) and pent-up demand from the aftermarket even as headwinds persist on the exports front, credit ratings agency ICRA said in a report. For the first half of the current fiscal, the industry reported a year-on-year growth of 29 per cent