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Its revenue from operations rose to Rs 4,466 crore for the third quarter compared to Rs 4,205 crore in the year-ago period.  
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The auto component exports reached $21.2 billion in FY24, marking a significant turnaround from a $2.5 billion deficit in FY19 to a $300 million surplus. 
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The companies which are making these high-end components need a captive market which is not possible in India at the moment.
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Auto components maker Bosch on Friday said operations at its Jaipur plant will remain shut due to a day-long strike called by the labour union over wage settlement issues.
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FCC Rico Ltd is now entirely a FCC Group held company.
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The company's net profit stood at Rs 90.60 crore in the same quarter of the previous fiscal.
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Global companies that specialise in making vehicle emissions cleaner are rushing to take advantage of Beijing`s war on pollution, as Chinese automakers look to comply with tougher regulations in the world`s biggest auto market.






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