FIEM Industries
Investment Rationale:
Strong Client Base: FIEM has a strong client base of more than 50 OEMs and is supplying to its prestigious customers since its inception. It has significant market share for supply of automotive lighting & signalling equipments and rear view mirrors to Two-wheeler and Four-wheeler OEMs. The company is the leader in the scooter segment with 85% market share and India is one of the biggest two-wheeler markets.
India is attracting lot many global OEMs…
FIEM Industries – upward of 30-35% return over 15-18 months
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