India could become a global auto parts manufacturing hub - Economic Times

4/9/2022 12:00:00 AM3 yearsago
by Lijee Philip
by Lijee Philip
Leading parts makers such as Lumax, Sona Comstar, Minda Industries, and Sandhar Technologies have been forced to look at other de-risking options due to rising input costs, thereby giving the country an opportunity to become a major manufacturing hub.
Russia's invasion of Ukraine has made auto component manufacturers in India pivot their business models to source more parts from within the country. Leading parts makers such as Lumax, Sona Comstar… [+2899 chars]
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