Saturday, August 9, 2025

India becoming key pillar to the China+1 strategy for global auto OEMs: EY-Parthenon

A joint report by EY and Parthenon indicates India is emerging as a key hub in the China+1 strategy for global auto OEMs, driven by low manufacturing costs and government incentives like the PLI scheme. This shift is boosting exports and positioning India as a preferred sourcing destination for auto components.

from Auto-Industry-Economic Times https://ift.tt/N5fBC9V

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