Sona BLW CEO: Europe's Capex Push, Supplier Stress to Boost Indian Auto Firms

• Sona BLW MD & Group CEO Vivek Vikram Singh states Europe's re-industrialization and financial stress among European auto component makers create opportunities for Indian suppliers.
• Multiple European competitors have filed for insolvency, leading global carmakers to seek new sourcing partners with stable balance sheets.
• Singh highlights a strong and urgent need to resource from other countries, benefiting capable Indian suppliers.
• The India-EU FTA and deeper economic engagement, including German Chancellor Friedrich Merz's recent visit to India, further support this trend.
• Sona BLW, with a market capitalization of ₹29,457.14 crore, anticipates growth from Europe despite a recent dip in its shares.

Why It Matters: European industrial investment and supplier distress offer significant growth opportunities for resilient Indian auto component firms.