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

No comments:

Post a Comment

Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...