Auto component industry looks to invest USD 7 bn over next 5 years to expand capacity, upgrade tech

"The components industry continues to make investments for purposes of higher value-addition, technology upgradation, and localisation to stay relevant to both domestic and international customers," Automotive Component Manufacturers Association of India (ACMA) President Shradha Suri Marwah told reporters.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.