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India: Automobile - Auto Industry, SBI, Auto-sector, Scooty Streak, Birla Group


India’s share of global automotive trade is a meager 0.5%. Projections of auto sector contributing 10% to the GDP by 2016 seem far fetched. The sector’s drive has hit a roadblock. Demand continues to stagnate. FICCI has suggested a separate export promotional council for the auto industry to push exports in new areas.


-Chillibreeze Business Research Team

 

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