Auto component makers to double investments as global supply chains shift from China to India – ET Auto
Baua Electric
MAY 27, 2024
Several factors have precipitated this shift: the pandemic induced chip shortages, the US-China trade war, then the Russia-Ukraine conflict and now the Israel-Palestine one. Given its own inherent strengths and the multiple tailwinds highlighted above, we expect this growth momentum for the industry to continue in the foreseeable future.
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