The consumption/SME manufacturing hub : India's Auto ancilliaries units
Thursday, May 5, 2011
India Auto industry maturity continues to rise albeit in smaller units like Jamna Auto and Pricol. While Pricol signed a Jv supplying parts to Maruti - Volkswagen ( output VW small car ), Jamna auto drove a 472% rise in Q4 sales to finish the year with $11 million in profits($4 in Q4) and $202 million in sales
Subros somehow got zilch for all its expansions after a near total dominance of the Car A/c units . Jay Bharat Maruiti was also a great product company/unit to discover, now getting out from the Maruti only fold and doing well
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