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India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

The markets include Indonesia, Latin America, Poland, Brazil, Columbia and Bangladesh, as well as matured markets, including African countries and UAE, with a substantial number of aging vehicles. ACMA officials noted that India has signed 13 free-trade agreements in the last five years, improving trade with other nations.

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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

ACMA , the apex body of the Indian auto component industry, has shared this data from its Global Automotive Aftermarket Research Report , conducted in partnership with leading advisory firm Ernst & Young. This insight was revealed ahead of the 5th ACMA Automechanika New Delhi, at the Bharat Mobility Global Expo 2024.

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

The draft report says that as the global economy’s center of gravity shifts toward Asia, the region could account for about half of global output in 2050, up from the current 27%, as well as half of global trade and investment. If these events occur, Asia would account for only 32%, or $61 trillion, of global GDP in 2050.

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Study finds economic losses due to health burdens caused by in-car PM2.5 exposure inversely proportional to per capita GDP

Green Car Congress

Surrey’s Global Centre for Clean Air Research (GCARE) set out to investigate whether the amount of PM 2.5 drivers inhaled is connected to the duration drivers spend in pollution hotspots and socio-economic indicators such as gross domestic product (GDP). El-Gendy, A., Nagendra, S. Environment International 155, 106688 doi: 1?0?.?1?0?1?6?/?j?.?e?n?v?i?n?t?.?2?0?2?1?.?1?0?6?6?8?8.

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U.K. Startup’s Digital Dyeing Printers Save Energy, Water

Cars That Think

At the end of a visit at a major textile dyeing factory, his customer took him behind the buildings to show a horrific scene: A blood-red river—wastewater from the dye baths leaching into the soil and entering the rivers. Dyeing also generates 20 percent of industrial water pollution (the second main cause on a global level).

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