Mahle Considers Reviving Plans for an IPO in Its Indian Business
German automotive parts supplier Mahle is reportedly re-evaluating plans to list its India business via an initial public offering (IPO) on the Mumbai stock exchange. According to Bloomberg, citing unnamed sources, preliminary discussions with potential advisers have already begun and could lead to a $300m–$400m fundraising effort if finalized. The company had previously explored such a listing in 2024 but did not proceed at that time. The renewed interest comes alongside Mahle's recent investment of €7 million ($8.2 million) in producing e-compressors for electric vehicles (EVs) in Coimbatore, India. The new production line is expected to generate over 300,000 units annually and align with the Indian government’s
Topics: automotive electric vehicles India business expansion initial public offering (IPO)