With growth returning to most segments of automotive industry and favourable factors anticipated in the year ahead, investments across various areas of the industry are expected to grow in Fiscal year 2017 as compared to last fiscal year.
According to ETAuto Business Sentiment Survey FY 2017, the investments in the current fiscal is expected to grow by 5-10 percent as compared to FY 2016. The survey had over 1000 respondents from all segments of the automotive industry. Nearly 45 percent of the people who participated in the survey said that the growth in investment will be between 5-10 percent. The second-highest number of respondents, which was nearly 30 percent, said that investment will grow but at slightly slowly between 0-5 percent. The investment will be seen across all areas like R&D, capacity expansion , Automation and Mergers & Acquisition . However, the highest number of respondents said that they will be investing in capacity expansion and the least number of respondents said that their investments will go towards M&A.