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The deterrent downturn in the Indian Automotive Industry has taken an adverse hit on the businesses of auto component manufacturers. Automotive Component Manufacturers Association (ACMA) of India, the apex body that represents the component suppliers posted a de-growth of 10.1 per cent in the revenue generated in the first half of FY2020 at Rs. 1.79 lakh crore as compared to Rs. 1.99 lakh crore a year ago.

Auto Suppliers Feel The Heat Of The Slowdown In H1 FY2020

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