Bengaluru, Sept. 8 -- The Auto Components & Equipment sector surged to a turnover of $80.2 billion in FY25, achieving 9.6% year-on-year growth, with exports and domestic demand driving expansion. The segment is propelled by robust vehicle production, electrification, and advanced tech adoption, set to contribute up to 7% of India's GDP by 2026.

With a market capitalization of Rs 1.03 lakh crore, the shares of Samvardhana Motherson International Ltd were trading at Rs 98.38 per share, increasing around 4 percent as compared to the previous closing price of Rs 94.60 apiece.

Future Outlook Samvardhana Motherson unveiled an ambitious five-year plan targeting $108 billion in revenue by FY2030, over four times its previous figure, and aims to...