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Corner Office Back

The Corner Office :Focused growth strategy leveraging on trends in 2Ws

24-Oct-2017

The after-market business, albeit nascent as of now, is a big focus area for ENDU. It expects this business to register 15%+ CAGR over the next few years, driven by its existing proprietary products and also addition of traded components.
Exports from India should get a boost from its firming foothold in the supply chain of global OEMs (HMSI, Yamaha, KTM). It would also benefit from increasing sourcing from India by several global premium motorcycle players (BMW, Husqvarna, Triumph).
EU business is expected to grow faster than the EU PV industry, driven by an increasing share of business with key EU OEMs. The key differentiating factor in favor of ENDU is its ability to invest, which is becoming critical for customers.
ENDU's standalone business has several levers to support margins: a) increasing value-add, b) rising contribution of aftermarket, c) consolidation of plants, d) outsourcing of non-critical processes, and e) operating leverage, among others.

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