Question
Which among the following countries continues to be the
largest source of auto components import in India?Solution
China still remains the top import country for India with 26% share of all auto component imports. Deepak Jain, president of ACMA said that the 17% shrinkage of the domestic auto industry led to imports (including China) shrinking by 11% in FY19-20. Exports on the other hand were down by just over 3%.
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