The international expansion of Indian suppliers
The recent slowdown has dampened the enthusiasm of local suppliers, but support looks set to return once the market outlook improves
As global component suppliers continue to join the India-bound bandwagon, local suppliers are bracing themselves to become major international players as the region becomes one of the fastest growing automotive markets in the world. What started as exporting whatever surplus components suppliers were left with after meeting local demand, has grown by moving towards a well-defined export target into having a greater presence in global automotive supply chain.
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