Tag: capex

EKA Mobility announces second tranche investment from Mitsui & Co., Ltd.

News Desk

EKA (Pinnacle Mobility Solutions) has announced that Mitsui & Co., Ltd., a global trading and investment company with a rich history of contributing to industrial innovation, has executed a second tranche investment as a part of the initially announced phased investment, further solidifying their commitment to the rapidly growing electric vehicle (EV) company. This strategic […]

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Indian automotive components sector revenue to grow 10-12% this fiscal

News Desk

The Indian automotive components sector will clock 10-12% growth in revenue in fiscal 2024, riding on continuing domestic growth buoyed by robust demand from original equipment manufacturers (OEMs)1 on the back of high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish. Continuing demand momentum, driven by OEMs, […]

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