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 Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..