Who owns the Indian Component Industry, Auto News, ET Auto

New Delhi: Even prior to India opened up its financial system in 1991, a revolution in its automotive market experienced brought on the dawn of economic growth in the region, according to economic historian J Bradford DeLong. He even argued that for the duration of this eighties, growth in India’s gross domestic item was quicker than in the adhering to 10 years.

That was the time when the Indian automotive market was having on to its ft and discovering to wander, with two younger firms — then termed Hero Honda Motorcycles and Maruti Udyog — joining the club of Tata

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