Mahle bets big on India with $30 million annual investment, targets $1 billion business

Mahle plans to invest over $30 million annually in India, aiming to double its domestic business to $1 billion within five years. The German automotive components supplier sees India transitioning from untapped potential to sustained growth, with new technologies being launched locally before global markets. This investment reflects Mahle's confidence in India's engineering capabilities and the readiness of local customers for advanced automotive solutions.

Read the source (ET Auto)

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