India: Components industry growth to drop to 12.15%

The Automotive Component Manufacturers Association of India (ACMA) expects the growth rate of the country's components industry to slow to 12-15% in the current financial year. "The first quarter of 2011-12 witnessed some slowdown in vehicle consumption in India and this seems to suggest the growth in the auto component industry Subscribe to Automotive World … Continued

• By Webmaster
• August 31, 2011