With Clients Like Maruti, Hyundai & Tata, How Is This Auto Ancillary Dominating the Market With 79% Share?
India, Aug. 29 -- Asahi India Glass has built a dominant position in India's passenger-vehicle auto-glass market, with a 79% market share and relationships with virtually every major domestic automobile OEM. Its integrated manufacturing footprint, long-standing customer relationships, diversified product portfolio and promoter backing have helped strengthen its position.
The company is now expanding capacity while improving its financial profile through debt reduction, new float-glass capacity and continued investments. With automotive glass contributing significantly to revenue and customers including Maruti Suzuki, Hyundai, Kia, Tata Motors and Mahindra & Mahindra, can Asahi India Glass maintain its dominant position while navigating c...
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