PVNA Group – Powering India’s Automotive Supply Chain

EY | BT Hidden GEMs: In an exclusive conversation with Padmini VNA Mechatronics COO Viveka Bhandari and EY India’s Randhir Kochhar, the discussion explored the auto components sector’s transition from ICE to EVs. Viveka Bhandari shared how the company is leveraging strong cash flows from its ICE business to fund EV-focused R&D, while emphasizing innovation and leadership as key growth drivers. Randhir Kochhar noted that ICE continues to dominate the market despite the EV shift and highlighted the opportunities created by the China Plus One strategy. Both agreed that technology, financial resilience, and long-term vision will define future industry leaders.