Figure 3. Combined capex of HMG's automotive value chain Figure 4. HMC's revenue outlook (Wbn) 12,000 Capex (L) YoY (R) 40% 10,000 30% 8,000 20% 6,000 10% 4,000 0% 2,000 -10% 0 2018 2019 2020 2021 2022 -20% Note: Based on the combined capex of HMC, Hyundai Steel,...
The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance. The group's flagship company, Bajaj Auto...