Brakes India to clock 15-20% growth in revenue this FY, says MD Sriram Viji

According to a report by Crisil recently, Brakes India derives 23 per cent of its total revenue from exports in the brakes and foundry divisions

Brakes India, a TSF Group company (part of the erstwhile TVS group), is expecting a growth of 15-20 per cent in revenue during the current financial year, a top company executive told Business Standard.

The group is one of the largest players in the braking systems business, with a leading share in the market for domestic original equipment manufacturers (OEMs), including the commercial vehicle (CV) and tractor segments. “For us, 2021-22 was a year of growth. We closed 2021-22 with more than Rs 5,000 crore in revenue. We are seeing further uptick in 2022-23. We are expecting a growth of 15-20