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 Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

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Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..