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India: Auto manufacturing may shift to low cost, high quality manufacturers in India, China and SE Asia – Frost & Sullivan

Companies are going all out to introduce new models in a bid to woo customers! Demand continues to fall despite reduction in excise duty for hatchbacks. The government plans to allow purchase of buses under the urban renewal scheme to pep demand. Auto component makers and steel manufacturers are at loggerheads regarding import restrictions on components.

-Chillibreeze Business Research Team

 

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