Tag: automotive
The Indian Auto Components Industry: A Long-Term Bet!
The Indian auto components industry overview The Indian auto components industry had a turnover of USD 56.5 bn in FY22 and contributed to 2.3% of India’s GDP. As per Automobile Component Manufacturers Association (ACMA), the Indian auto component industry aims to achieve USD 200 bn in revenue by 2026 which […]
Hertz Is A High-Probability Liquidation Scenario
On May 22, 2020, Hertz Global Holdings Inc. (“Hertz,” “Company”) and some of its U.S. and Canadian subsidiaries filed for bankruptcy under Chapter 11. Hertz is a market leader in the car rental business with 100+ years of business legacy. Hertz Is A High-Probability Liquidation Scenario as creditors may opt […]
