Mumbai, July 5 -- The Indian automobile sector has seen a wave of capital raising and acquisitions, according to an Equirus Capital report.

The finding stated that in recent months, the automotive industry in India has seen massive transactions such as Craftsman Automation raising INR 20 billion and Ola Electric Mobility raising INR 7.8 billion.

Furthermore, Simple Energy secured INR 2.5 billion, while JBM Ecolife Mobility obtained INR 7.5 billion for fleet expansion. Additionally, Rane (Madras) agreed to acquire Hindustan Composites' friction business for INR 3.7 billion and Sona BLW Precision Forgings approved INR 630 million for robotics manufacturing.

Automobile retail sales reached 2.53 million units in May 2026, a 9.55 percent in...