1 month ago

Aumovio Targets 45% Revenue Growth in India by FY27

Aumovio Targets 45% Revenue Growth in India by FY27
Continental AG-Spun-Off Aumovio eyes 45% revenue jump in FY27 on safety and software push · thehindubusinessline.com

Aumovio is a big company that makes car technology.

They used to be part of Continental AG but now they're on their own.

They want to make a lot more money in India by 2027, about 45% more.

Last year, they made 29.5% more money.

They work with car companies like Tata Motors and Hyundai.

They make things like airbags and software for cars.

Their boss, Prashanth Doreswamy, says they want to make cars safer and smarter, even for people who don't want to spend a lot of money.

They're also working on making technology for two-wheelers safer.

They think India is a really important market and want to make their technology work well there.

Key facts

Company
Aumovio
Global Revenue
€18.5 billion
FY26 Revenue Growth
29.5%
FY27 Target Growth
45%
Key Clients
Tata Motors, Mahindra, Hyundai-Kia, Ultraviolette
Engineering Teams
7,000 engineers
Key Products
Airbag control units, radar systems, software, TPMS units
CEO
Prashanth Doreswamy

Quotes

Prashanth Doreswamy

President and CEO of Aumovio India

“Powertrain is no longer part of Aumovio’s portfolio. Our opportunity is the higher safety, electronics and software content required in vehicles. Tyre-pressure monitoring is one example. We have capacity to produce about 11 million TPMS units. Our newer system does away with a separate ECU: the sensors communicate through software that can be hosted on another ECU, reducing cost, weight and wiring-harness complexity. For EVs, battery-management algorithms and current-sensing systems are becoming increasingly important. A current sensor can identify abnormal current in an accident or fire situation and trigger an immediate power cut, helping manage thermal-runaway risk.”
thehindubusinessline.com
“Assistance systems are moving beyond premium passenger vehicles. We are already supplying ERAS, or rider-assistance technology, to Ultraviolette. Another OEM using our system will come to market shortly, and we are discussing the technology with two other large-volume two-wheeler makers. In passenger vehicles and commercial vehicles, opportunities include blind-spot detection, emergency-braking assistance and driver-drowsiness alerts. The challenge is to democratise these features through lower-cost software and hardware architectures.”
thehindubusinessline.com

Sources

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