If you take a closer look at the profit and loss statements, balance sheets, and cash flow reports of Indian auto companies, a clear shift is starting to emerge. These companies were once heavily reliant on the domestic market, but over time, exports have picked up significantly. In fact, it’s now reaching a point where exports are starting to outpace domestic demand. This kind of trend was something we mostly associated with Tata Motors in the past, thanks to their Jaguar Land Rover business. But now, it’s becoming visible across the board whether it’s Maruti Suzuki, Mahindra & Mahindra, or even players in the two-wheeler space. Earlier, most of the exports were focused on African markets, but now that too is expanding and becoming much more diversified. ( picture credit - AI se banaya tha bohot din pahele)
Download the medial app to read full posts, comements and news.