💰 Meet The Rs 350 Crore Cable Maker Betting
Published by OOPSONLINE.IN · Source: The Financial Express · 1 min read · · Updated
What actually happened
Some auto-component businesses grow by selling more of the same product. This company is trying a different route. The company built its business around control cables and other mechanical components, but is now moving into gear-shifting systems, lighting, sensors, tyre mobility, railways and defence, hoping to turn a relatively traditional manufacturing business into a larger and more diversified mobility-components company.
Key points
- Some auto-component businesses grow by selling more of the same product.
- This company is trying a different route.
- The company built its business around control cables and other mechanical components, but is now moving into gear-shifting systems, lighting, sensors, tyre mobility, railways and defence, hoping to turn a relatively traditional manufacturing business into a larger and more diversified mobility-components company.
Summary based on data provided by The Financial Express. Full article available at the original publisher.
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- #crore