Aumovio India, the Indian subsidiary of the Frankfurt-based automotive technology firm spun off from Continental AG, has set a target of 45% revenue growth for fiscal year 2027.
The company is positioning this expansion around a strategic push into safety systems and software solutions, leveraging collaborations with major original equipment manufacturers (OEMs) in the region.
Prashanth Doreswamy, President and CEO of Aumovio India, outlined the growth trajectory, emphasizing the shift toward software-defined vehicles.
The €18.5 billion global entity is increasingly focusing on high-margin technology segments, including advanced driver-assistance systems (ADAS) and autonomous driving capabilities, to offset traditional hardware margins.
This aggressive growth target aligns with broader trends in India's automotive sector, which is poised for robust volume growth in the first quarter of fiscal 2027.
Resilient consumer demand, particularly in the two-wheeler and passenger vehicle segments, is creating a favorable environment for tier-one suppliers to expand their footprint.