Motherson Sumi Wiring India Limited CC-Mar24.pdf · 2024-05-16
Sir, first question is on the growth side. We have seen quite healthy strong double-digit growth in FY ‘24 backed by volume growth as well as premiumization like you have talked about. Going ahead, in FY ‘25, we do see OE industry volume growth probably slowing down to mid single digits. And we are witnessing probably a lot of launches happening on the small car side now in the last few months. So, given this backdrop, any expectation if you want to share about the growth, which we can expect for the coming years?
So, my question was more on FY ‘25, because if you see , Maruti has also talked about only 2% to 3% industry growth. So, more from the near term, do we expect a meaningful slow down to like low double-digit type of growth? Or should we probably see mid teens type of growth sustaining, is what probably was trying to get at.