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India’s US$ 74 Bn Auto Component Sector Set for Overhaul as GST 2.0, Customs Reforms and Indo-Japan FTA Reshape Industry

India’s USD 74 bn auto component sector is set for major transformation as GST 2.0 rate cuts, customs duty reforms and deeper Indo-Japan collaboration boost competitiveness, drive EV growth, attract investment and strengthen India’s role as a manufacturing and export hub.

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