Auto Component Sector to Grow by Seven–Nine Per Cent in FY26

26 May 2025 CW Team

India's automotive component sector is projected to register a revenue growth of seven to nine per cent in the financial year 2025–26, according to Crisil Ratings. This growth mirrors the previous fiscal and will be driven by continued demand for two-wheelers and passenger vehicles, especially utility vehicles which account for nearly half the revenue.

The report notes a moderate recovery in commercial vehicle and tractor sales, while the aftermarket segment is expected to grow steadily at five to seven per cent. However, weaker demand in the United States and Europe—accounting for approximately sixty per cent of exports—poses challenges.

Crisil anticipates stable operating margins between twelve and 12.5 per cent, aided by rising contributions from high-margin components like infotainment systems and advanced driver-assistance systems. Lower input costs for steel, aluminium, and plastics will also support profitability. Nonetheless, new tariffs by the United States could impact margins for exporters.

Despite a capital expenditure of Rs 220 billion, mostly to enhance electric vehicle (EV) capabilities, the sector’s credit outlook remains stable, supported by strong cash flows and limited borrowing. EVs currently represent only four per cent of passenger vehicle volume, contributing marginally to revenue.

Source:Financial Express

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..