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Revenue of the auto components sector is expected to grow by 6-8% in the financial year 2024-25 (Apr-Mar) and FY26, after clocking a growth of 14% in FY24, according to a report by CRISIL Ratings. The slowdown in demand for new vehicles, barring two-wheelers, and declining exports is expected to weigh on the top line growth of the auto components industry.
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