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India: Automobiles - ASSOCHAM, Automobile sector, Maruti Suzuki, Peugeot plans, Bajaj Auto

The future seems rather bleak for the auto sector with rising costs and slow demand. Adding to the problem is the decision of car majors to increase prices and the Government not in the mood to give more sops to the sector! Maruti has restarted exports to Europe; Bajaj Auto plans six new launches this year while Peugot plans to reenter the Indian market!

-Chillibreeze Business Research Team

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