New Delhi, June 11 (IANS) India’s listed auto ancillary sector has nearly tripled its revenues to about Rs 5 lakh crore over the past decade, an 11 per cent compound annual growth rate (CAGR) during FY16-26, a report said on Thursday.The report from Equirus Securities forecasted the sector to remain on a strong growth trajectory, with a 21 per cent profit CAGR during FY26-28, supported by rising vehicle content, premiumisation trends, export opportunities and growing adoption of electric vehicle…
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