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Indian auto component industry likely to grow 8-10% in FY23

According to rating agency Icra, the Indian auto component industry might have 8% to 10% growth in Financial Year (FY) 2023, due to the easing of supply-chain issues along with commodity inflation in the next half of the year.

Icra slashes growth forecast for auto components industry to 17-20 pc for FY22

According to Icra, the components industry is now expected to grow at 17-20 per cent in 2021-22, partly aided by "the low base of last year and commodity passthrough" besides growth driven by domestic OEM, replacement and export volumes.

AMRL SEZ set to turn Make in India dream into reality

The SEZ is ready to house a diverse set of industries – electronics, medical equipment, general engineering, auto ancillaries and components, solar and many more.

Bearings: Brother in Arms With Manufacturing

Make in India initiatives project India to become one of the largest global manufacturing hubs, and is a clarion calls to the international manufacturing community which augers well with the domestic aspirants.

An upward trend

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