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)

Infrastructure Energy

04 Aug 2026

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Hindustan Zinc’s HZAPL Plant Secures Triple ISO Certification

Hindustan Zinc has secured internationally recognised ISO 9001, ISO 14001 and ISO 45001 certifications for its Hindustan Zinc Alloys Private Limited (HZAPL) facility in Udaipur. The achievement reinforces the company’s focus on manufacturing excellence through globally benchmarked systems for quality management, environmental responsibility and occupational health and safety.The certifications were awarded following a comprehensive assessment of HZAPL’s management systems, operational controls and compliance practices. The milestone strengthens the facility’s ability to drive continuous ..

Escorts Kubota Q1 FY27 Profit Rises 26% to Rs 3.87 Bn

Escorts Kubota Limited (EKL) reported a strong performance for the quarter ended June 2026, with standalone profit from continuing operations before exceptional items rising 26% year-on-year to Rs 387.3 crore. The company’s growth was supported by higher tractor and construction equipment volumes, along with improved operational performance.Revenue from continuing operations stood at Rs 3,178.9 crore in Q1 FY27, registering a 28% increase compared to Rs 2,483.4 crore in the corresponding quarter and a 7.7% rise from Rs 2,950.7 crore in the previous quarter. EBITDA increased 9.4% year-on-year..