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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

As per the company’s internal report, the market is poised to grow at a 15% CAGR in the said period. Back in 2001, Maruti Suzuki was one of the first players in this segment with its True Value channel, enabling trust and breaking stereotypes attached to the purchase of ‘second-hand’ vehicles.