Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto
Baua Electric
FEBRUARY 29, 2024
“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Value-addition from the Indian auto components industry has gone up significantly in the last couple of years and, with the Industry expected to invest another USD 6.5-7
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