The revival in auto sales has been transmitted to the component industry. Manufacturers are reporting an 18-20 per cent growth in revenues and a 50 per cent jump in profit
ICRA expects the industry's revenue to grow 16-18 per cent in 2021-22 supported by factors such as increasing localisation and, of course, the low base effect
First Published: Feb 18 2021 | 6:10 AM IST
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