Auto component sector focuses on new products and markets as growth slows

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Auto component sector focuses on new products and markets as growth slows - Business Standard

Quick Summary:

To counter this, RSB is focusing on expanding its global footprint, particularly leveraging its Mexican presence to drive exports from India.

Additionally, with the rapid growth in the two-wheeler and EV segments, we are developing chassis, gearboxes, and other critical components to position ourselves as key players in these emerging markets.

While most of their current exports are driven by customer demand, they are exploring direct export opportunities and ensuring compliance with global standards.