The Indian Vehicle Industry is growing and developing at an unprecedented rate. As per the recent findings by India Brand Equity Foundation (IBEF), vehicles account for 7.1% of the country’s GDP, exports are rising and more foreign companies are now manufacturing in India. The Indian OEMs that produce a wide range of vehicles with supplier tiers covering engine parts, drive chain, body and chassis, suspension and brakes, electrical components and systems are seeing significant, in some cases double-digit, growth. With
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