The automobile battery business has been doing well despite a slowdown in the sector with demand from the replacement segment going up
Last updated: 08-Jul-2024•Research Desk
Amara Raja Batteries Amaron, the brand under which Amara Raja sells its batteries is the second largest industrial and automotive battery manufacturer in India. Although the automobile sector has witnessed a slowdown, the company has rapidly grown to capture significant market share with its effective marketing and management. The company generated return on capital of more than 40 per cent in the scenario where the margins are very low in the OEM. Exide Industries Exide is India's la
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