Marquardt CEO Expects India Turnover to Grow to 400 Million Euros by 2030
The mechatronics specialist expects business to grow manifold on the expectation of strong demand across auto segments, and partnerships with original equipment manufacturers.
By Darshan Nakhwa
238 Views
Auto, home and industrial solutions provider Marquardt Group expects its annual turnover from India business to grow 10 times by 2030, from the current level of 40 million euros per annum, its Chief Executive Officer, Björn Twiehaus said today. The company expects to deliver a manifold increase in business on the expectation of strong demand across auto segments, and advancement of partnership with original equipment manufacturers.
"The Indian market is growing, and we are prepared. We can offer solutions across automotive segments…We also plan to build on our current partnerships, and explore tie-ups with reliable players," Twiehaus told Autocar ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
EKA Mobility Appoints Mohit Sharma as Chief Human Resource Officer
Sarthak Mahajan
06 Mar 2025
With 27 years of experience in human resources, Mohit Sharma will focus on talent management, workplace culture, and emp...
Hyundai Slips to No.4 in India's Car Retail Market as February Sales Slide
Angitha Suresh
06 Mar 2025
FADA's retail data shows that the Korean brand fell to No.4 in India's car market in February from No.2 position in Janu...
FADA Auto Retail Sales Sees Broad Downturn in February 2025
Angitha Suresh
06 Mar 2025
Auto retail slumps 7% in february: Pvs hit hardest (-10.3%), tractors down 14.5%, cvs fall 8.6%, two-wheelers decline 6....
