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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

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However, this disparity is anticipated to narrow gradually, fueled by rising disposable income and ushering in a lucrative market for the auto industry. A noticeable shift in consumer demand towards SUVs, electric vehicles (EVs), and advanced driver-assistance systems (ADAS) is expected to significantly impact the industry landscape.

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