Auto parts supplier Tenneco India eyes acquisitions beyond automotives

Gurugram-based Tenneco India , a subsidiary of US-based Tenneco, is looking for inorganic growth opportunities to diversify its business operations beyond the automotive sector. The company is evaluating potential acquisition targets within industrial markets, including the railways, aerospace, and defence sectors. The firm aims to acquire assets that demonstrate strong technology, favourable margins, and a distinct market position with an India-centric growth strategy.Tenneco India has business units in clean air, powertrain solutions, and advanced ride technologies. Its product portfolio includes exhaust after-treatment systems, bearings, spark plugs, and suspension systems. The company intends to utilize its cash reserves and debt-free status to finance potential acquisitions.