Bain Capital has acquired a minority stake in an Indian auto components manufacturer.
The investment highlights Bain’s focus on high-growth sectors in India’s automotive supply chain.
The company supplies key components to major automakers and is well-positioned to benefit from rising vehicle production and the shift to electric mobility. Bain plans to support the firm’s growth by enhancing efficiency, boosting innovation, and strengthening its market position.
India’s automotive sector is evolving rapidly, driven by demand for electric vehicles and advanced technologies. Bain’s involvement will help the company adapt to these changes and create long-term value.
This deal reflects the growing role of private equity in India’s industrial landscape. Bain Capital’s global expertise and resources will be critical in accelerating the firm’s growth and navigating a competitive market.
Source: Business Standard
Can’t stop reading? Read more
Goldman Sachs Alternatives and Apollo S3 back Kinderhook’s $1.0bn waste platform vehicle
Goldman Sachs Alternatives and Apollo S3 back Kinderhook’s $1.0bn waste platform vehicle...
Goldman Sachs taps BlackRock’s Amanda Lynam as chief credit strategist
Goldman Sachs taps BlackRock’s Amanda Lynam as chief credit strategist Goldman Sachs has named...
General Atlantic backs Odoo again as valuation hits €7bn
General Atlantic backs Odoo again as valuation hits €7bn General Atlantic has increased its stake...