Automobile

Rising demand, tech changes create sweet spot for investors in auto space

As per Grant Thornton and Automotive Component Manufacturers Association (ACMA) of India, deal volumes have remained steady with 18 transactions in 2018 worth $500 million. Going forward, we may see some more consolidation or alliances driven by the need for access to better technology, manufacturing facilities, service and distribution networks.

This article appeared in Economic Times on 11th August, 2018.