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Most global auto companies yet to crack Indian market code

The ones who got their strategy right and helped shore up profits and sales are the South Korean carmakers - Hyundai and Kia, which made its debut only in 2019 - thanks to their sharper thrust on localisation to be cost competitive. Much of that red ink was justified as all the automakers were in investment mode, expanding capacities and setting up new plants.

from Industry-Economic Times
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