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Monday, December 30, 2024 | 06:36 PM ISTEN Hindi

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Dilip Chhabria's DC Design in talks with automakers for capital infusion

The company launched DC Avanti, India's first indigenously-developed super car, in 2015

Dilip Chhabaria, owner DC Design
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Dilip Chhabaria, owner DC Design

Shally Seth Mohile Mumbai
Ace automobile designer, Dilip Chhabria, is in talks with carmakers for a capital infusion as he seeks to play a more prominent role in India through his firm DC Design.
 
“We are looking for a capital infusion because of an explosive growth we are seeing in the automotive industry. As we have a unique position in the market, we thought why not take an advantage,” Chhabria told Business Standard.
 
Depending on the valuation, DC Design is willing to cede a majority or minority control. “We are not hungry or greedy,” he said.
 
Best known for customising cars,

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