Lucas TVS bets big on diverse portfolio for future growth
Tier-1 major anticipates strong single-digit growth rate over the next few years, driven by robust demand for its range of products that are agnostic to ICE and EVs.
05 Feb 2025
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Tier-1 major Lucas TVS is bullish about strong growth in the coming years. The company is betting big on the growing demand for its products, which comprise a healthy mix of ICE and EV components.
Arvind Balaji, Managing Director, Lucas TVS, says, "ICE will contribute a much bigger portion of our revenues, and we expect a high single-digit growth rate over the next few years. We have developed a strategy to make ourselves as agnostic to market trends as possible."
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