Mahle GmbH, a German car-parts manufacturer, is reportedly considering the option of conducting an IPO for its Indian operations. This move is in line with the growing trend of foreign companies seeking to take advantage of the favorable market conditions in India.
According to sources, Mahle is currently engaged in initial discussions with potential advisers regarding a share sale in Mumbai. The company is in the process of evaluating which segments of its Indian business to include in the proposed listing.