| Automotive | Electrical, lighting, powertrain components, ADAS, telematics, HMI, body parts and EV products | Expansive global manufacturing footprint, strong R&D, patents, strategic JVs, leading position in 2W market segment | B2B OEMs in two-wheelers, three-wheelers, passenger and commercial vehicles globally | Advanced electronics, telematics, and ADAS product lines | 7933 | 97 | Component and system sales to OEMs, joint ventures, licensing, and after-market services | Direct sales with volume-based pricing, long-term contracts and project-based revenue | EV adoption, regulatory safety norms, tech innovation in lighting and electronics, and increased vehicle electronics content | Varroc Lighting Systems, Varroc Smart Mobility, Varroc Dell'Orto, CarIQ |
| Others | Automotive aftermarket accessories, polymer products, and component manufacturing services | Strong aftermarket distribution network, integration with core automotive business | B2B and aftermarket segments for automotive spares and accessories | Specialty polymer components and automotive accessories | 220 | 3 | Sales of aftermarket and polymer components mainly to vehicle manufacturers and service channels | Transactional sales and service contracts | Aftermarket demand, increased vehicle parc, diversification into polymers and accessories | Team Concepts, Varroc Polymers (merged) |
