Bain Capital-backed Dhoot Transmission bets on India EV shift to drive growth
IPO-bound Dhoot Transmission expects India’s shift to electric vehicles to be its biggest growth driver as it expands its EV-focused product portfolio and partnerships with automakers, CFO Nitin Kalani said. The company, which supplies wiring harnesses and derives about a third of its revenue from Bajaj Auto, is also adding battery assemblies, onboard chargers, DC-DC…
