India auto parts sector seen adding over $2 bln in FY12 capacity

Newswire

NEW DELHI, Aug 30 (Reuters) - The Indian auto ancillary industry has added $2 billion to $2.25 billion in capacity in FY11 and expects to add a similar quantum of capacity this fiscal year, the Automotive Components Manufacturers Association said on Tuesday. (Reporting by Sanjeev Choudhary)

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