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Sourcing: General Motors India to buy $1 billion in parts from India

Sourcing: General Motors India to buy $1 billion in parts from India

General Motors said last Thursday that it planned to source $1 billion worth of auto parts from India over the next two years.  Indian parts makers are exporting batteries, alternators, fuel tanks, forgings and more to markets in Europe, North America and elsewhere.

This is an indication of the prowess of Indian manufacturing, built on the back of the domestic automobile industry.

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