Diabytes
Auto component industry News
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NITI Aayog's report outlines several strategic fiscal and non-fiscal interventions aimed at enhancing India's global competitiveness in the automotive sector.
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The Indian Auto Component industry is witnessing remarkable growth in exports, currently valued at $13.3 billion in FY21.
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Auto component industry is expected to grow by up to 10 percent in the current fiscal on the back of sales growth in passenger vehicles and motorcycle segments, rating agency Icra said today.
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Banking on revival of commercial vehicle segment, the auto component industry body ACMA expects the sector to grow by up to 10 percent in the current fiscal.
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