Monthly Archives: July 2020

Top 5 Names in the Indian Automobile Spare Parts Market

India has emerged as a global player in the auto component industry. The high quality of automotive spare parts and the low labour costs are primary reasons for the escalation of India from the position of a local supplier to that of a globally recognized player. This tremendous growth has made the country a lucrative destination for foreign investment. As per reports, the automotive component industry is now poised to touch a whopping US$ 104 billion by 2020.

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