According to Icra, the components industry is now expected to grow at 17-20 percent in 2021-22, partly aided by "the low base of last year and commodity passthrough" besides growth driven by domestic OEM, replacement and export volumes.Icra slashes growth forecast for auto components industry to 17-20% for FY22
According to Icra, the components industry is now expected to grow at 17-20 percent in 2021-22, partly aided by "the low base of last year and commodity passthrough" besides growth driven by domestic OEM, replacement and export volumes.
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