IPO-bound Dhoot Transmission expects India's shift to electric vehicles to drive growth as the auto components maker expands its product portfolio and ties with automakers, a top executive said.
Chhatrapati Sambhajinagar-based Dhoot Transmission makes wiring harnesses for automotive and industrial applications. Bajaj Auto, India's biggest two-wheeler exporter, accounted for about a third of its annual revenue of 45.3 billion rupees in fiscal year 2026.