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New Delhi: Midway by way of FY22, the Indian automotive business is but to return out of the woods. The business is weighed down by the rise in uncooked materials costs and the persisting semiconductor scarcity. The hole between demand and provide widened and it was a sellers’ market in September. Although September had an inauspicious interval of Shraadh in North India, Onam within the South and Ganesh Chaturthi in West made up for that loss.
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