Uno Minda all lit up with more content per car and focus on electric vehicles – ET Auto
Baua Electric
JUNE 3, 2024
The impact of premiumisation across vehicle segments is evident from the significant increase in the company’s kit value , which reflects the value of parts supplied for a vehicle. In the premium bike segment, the kit value rose to INR 15,798 in FY24 compared with INR 9,231 in FY20. Higher kit value bodes well for revenue growth.
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