The Indian government’s “Make in India” import tariffs, introduced in the new Finance Bill, will apply to the automotive industry and may target Chinese parts imports. Panjiva data shows that while India has been a relatively small destination for Chinese parts (3% of the total in the past three years) it has experienced growth of 23% in the past year to set a new record in November. The fragmented nature of global automotive supply chains may make it difficult for manufacturers to respond quickly. Among the largest exporters from China to India are the local joint ventures of Ford (6% o...
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