Auto Sector Outlook: Why Export-Focused OEMs & Select Ancillaries Could Stay Strong

Auto sales are in focus as September numbers are set to provide fresh cues on domestic demand and the sector’s recovery. Deven Choksey, MD, DR Choksey FinServ Private, discusses why export-oriented OEMs could benefit from better export realisations and currency movements, while domestic two-wheeler and entry-level car demand remains encouraging. The discussion also looks at EV, hybrid and ICE trends and why investors may need to be selective within the OEM space. Select auto ancillaries with exposure across multiple powertrain technologies and a larger share of business from key customers could offer better diversification. The conversation highlights the key areas investors should track across the auto sector. Like, Share, and Subscribe to our channel Business Today.