India Ratings Maintains Neutral Outlook for Auto Ancillaries in FY26

25 Jan 2025 CW Team

India Ratings and Research (Ind-Ra) has retained a neutral outlook for the auto ancillary sector in FY26, forecasting revenue growth of 8-10% year-on-year. This growth is anticipated to be driven by factors such as premiumisation, rising electric vehicle (EV) adoption, and increasing investments by global original equipment manufacturers (OEMs) in India. However, challenges persist for the sector, including muted export demand, particularly from Europe, and a slowdown in domestic sales growth, excluding two-wheelers, which could impact profitability. Despite these hurdles, Ind-Ra highlights several elements that could sustain margins. Stable replacement market demand is expected to act as a buffer against slowing new vehicle sales. Additionally, companies ramping up production to meet demand are likely to benefit from economies of scale and improved operating leverage. With supply chain constraints easing, raw material prices are predicted to remain stable, helping to control production costs. Companies focusing on advanced EV-related components are well-positioned for future growth, as EV adoption creates demand for specialised components. The trend toward premium vehicles with advanced features is expected to continue, boosting demand for auto ancillary products. Furthermore, as global OEMs diversify supply chains away from China, India is emerging as a preferred investment destination, offering significant growth opportunities for the country’s auto ancillary sector. (Business Standard)

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

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Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..