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Demand From 2-Wheeler OEMs In India To Show Double-Digit Growth In FY25
Currently, a considerable portion of EV components are imported from China and other countries. Adding further, commitments to the PLI 2 scheme and increased spending by OEMs are likely to elevate the capex of automotive component manufacturers.
Currently, a considerable portion of EV components are imported from China and other countries. Adding further, commitments to the PLI 2 scheme and increased spending by OEMs are likely to elevate the capex of automotive component manufacturers.
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