Shivam Autotech Ltd Projects Double-Digit Growth in FY 2025 Amidst Sector Optimism
Shivam Autotech Limited, a leading manufacturer of Transmission, Gears, Shafts & Precision Engineering Components, released its Annual Report for the financial year ended March 31, 2025. The Indian automotive and auto component industry displayed resilience amidst global uncertainties and supply chain constraints, with domestic demand rebounding across segments. The sector is projected to witness double-digit growth in FY 2025, particularly in EV components, off-highway vehicles, premium two-wheelers, and passenger cars. Export momentum is expected to remain strong, with Indian suppliers likely to capture a larger share of the international market, especially in forged, machined, and transmission-related components. The electric mobility segment, where India has emerged as a global leader in two-wheeler EV adoption, holds particular promise.
Key Highlights
- Shivam Autotech Ltd released Annual Report for FY 2024-25.
- Indian automotive and auto component industry displayed resilience amidst challenges.
- Domestic demand rebounded across segments, led by increased infrastructure spending, rural recovery, and sustained consumer interest in personal mobility.
- Sector projected to witness double-digit growth in FY 2025, with robust traction expected in EV components, off-highway vehicles, premium two-wheelers, and passenger cars.
- Export momentum expected to remain strong, particularly in forged, machined, and transmission-related components.