Geojit Financial Services, Tenneco Clean Air India Ltd
Tenneco Clean Air India Ltd. (TCAIL), part of the U.S.-headquartered Tenneco Group, is a global Tier-I automotive component supplier. TCAIL operates two key verticals—Clean Air & Powertrain Solutions (~57.5% of FY25 revenue) and Advanced Ride Technologies (~42.5%). Tenneco is the largest supplier of shock absorbers and struts to Indian passenger vehicle (PV) OEMs with a 52% revenue share and the leading provider of clean air solutions to Indian commercial truck OEMs and Off-Highway (OH) OEMs (ex-Tractors) with a market share of 57% and 68%, respectively. Its customers include M&M, Tata Motors, Ashok Leyland, Maruti Suzuki, Daimler India CV, John Deere, and Toyota Kirloskar Motor. By FY25, the company operated 12 manufacturing plants a

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