Prashanth Doreswamy, President and CEO of Aumovio India
Frankfurt-based Aumovio, the €18.5-billion global automotive technology company spun off from Continental AG, is targeting 45 per cent revenue growth at its India subsidiary in FY27.This is after revenue expanded 29.5 per cent in FY26, as vehicle makers add more safety, software and central-computing systems.Aumovio India, which works with OEMs including Tata Motors, Mahindra & Mahindra and Hyundai-Kia, is seeking to outpace an automotive market growing at around 8 per cent.Despite a 5 per cent decline in global sales, Aumovio lifted adjusted operating profit 45.4 per cent in FY25 by shifting towards higher-value electronics and software. Its Indian engineering teams are part of that push, contributing to global software, radar and electronics projects for premium marques including Ferrari and Bugatti.The company’s Bengaluru plant has produced 10 million airbag control units and its automated parking assistant debuted on the Tata Harrier EV. Since Prashanth Doreswamy took charge in 2017, the Technical Centre has expanded from about 2,000 to more than 7,000 engineers.Aumovio’s task now is to right-size this global technology for India’s price-sensitive premium market. In an interview with businessline, Doreswamy, President and CEO of Aumovio India, explains how the company plans to turn that engineering base into a larger global growth engine. Excerpts:Aumovio has separated from Continental at a time when automotive technology is changing rapidly. What does that mean for India?The spin-off creates a focused company for software-defined vehicles, sensors, safety, connectivity and autonomous mobility. India has two roles in that strategy: supporting the global organisation with technology development and cost-efficient engineering, while becoming a larger contributor to global revenue.
