Hella India Unlisted Share Price

HELLA India Lighting Unlisted Shares - Company Overview

HELLA India Lighting Ltd. brings “Technology of Tomorrow for the Life of Today” to Indian Roads. Members of the Management Board of the HELLA Group, Germany, along with all employees of HILL, have adopted the new strategy for the company to focus all future activities around the central theme of ensuring road safety on Indian Roads. In this regard, HILL focuses on state-of-the-art technology products for the special OE segment and safety awareness campaigns through its strong independent Aftermarket network.

India is one of the focus markets for the HELLA Group and in the last years, Hella India Lighting has turnaround its operations and thus earned the right to grow. HILL has achieved a benchmark in quality performance and assured resource support for the training and development of all employees to perform the “Technology Jump”. To operationalize the new strategy of HILL and to perform the “Technology Jump”, HELLA’s plant at Derabassi has gone through modernization and the plant has been equipped with the latest machines and facilities.

HELLA India Lighting has set up its company vision to impact the aspect of recognition. Moreover, the company seeks to lower the number of deaths during traffic accidents by 10% by the end of this decade. The latest death toll figures show that there are almost 1 lakh deaths due to road accidents. This issue is of prime importance to HILL. The company’s vision is able to create and unlock a new value paradigm for end consumers. The safety cycle during the night – to see and to be seen – is of great importance. Looking at the number of road accidents, the increasing death toll, and the social and economic impact, HELLA is committed to road safety through its company vision. HILL has launched safety-enabling products, tries to increase awareness of safety-critical do’s and don’ts, and actively engages with related non-governmental organizations and governmental departments.

HELLA India Lighting Limited Incorporation Details

HELLA India Lighting Limited Board of Directors

Mr. AvinashRazdanBindra - Non–Executive Independent Director

Mr. Tarun Gulati - Non – Executive Independent Director

Mr. Rama Shankar Pandey - Managing Director

Mr. Christoph Boris Sohnchen - Additional Director

HELLA India Lighting Limited Principal Business Activities

Shareholders holding more than 5 % shares in the company as on 31 March 2021

Industry Outlook

The "Market “Size is expected to grow from 724.1 million USD In 2020, to reach 820.2 Million USD by 2026, The base year considered for the study is 2020, and the forecast period is between 2021 and 2026. There has been an increase in the adoption of Electric Automobiles horns in various industries such as Passenger vehicles, Light Commercial vehicles. Various trade shows and expos have also helped Electric Automobile Horn manufacturing companies to expand their customer base and contribute significantly to the growth of the Electric Automobile Horn market.

The Electric Automobile Horn Market report is designed to provide the latest market information and enable decision-makers to compile reliable investment reviews. It also offers an in-depth analysis of the global Electric Automobile Horn market by product type, end-user/application, leading manufacturers, and key regions. Electric Automobile Horn's market size was USD 708 million and it is expected to reach USD 820.2 million by the end of 2026, with a CAGR of 2.1% during 2021-2026.

In the projected period 2021-2026, increasing global urbanization, higher sales of Machinery and Equipment, multinational corporations, local merchants, and supply chains are driving the expansion of the "

Electric Automobile Horn's market size was USD 708 million and it is expected to reach USD 820.2 million by the end of 2026, with a CAGR of 2.1% during 2021-2026. An automobile horn is a device used to alert other vehicles and passersby. When a horn button is pressed, an electromagnet energized intermittently will cause the steel diaphragm to oscillate back and forth producing the sound of the car horn. Automobile horns have become a part of everyday life and one can hardly find an automobile without a horn. The classification of electric automobile horns includes flat shapes and snail shapes, and the proportion of snail shapes in 2016 is about 75%, and the proportion is in increasing trend from 2012 to 2016. Electric automobile horn is widely used in passenger vehicles, light commercial vehicles, and other kinds of vehicle. The most proportion of electric automobile horns is used in passenger vehicles, and the consumption proportion is about 75% in 2016. China is the largest consumption place, with a consumption market share of nearly 29% in 2016. Following China, Europe is the second-largest consumption place with a consumption market share of 22%. Market competition is intense. Fiamm, Minda, Denso, Bosch, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in a monopoly position in the industry.