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flag India targets $145 billion in auto parts production by 2030, aiming to triple exports to $60 billion.

flag India's NITI Aayog forecasts the country's automotive component production to reach $145 billion by 2030, with exports expected to triple to $60 billion. flag The report proposes fiscal and non-fiscal interventions to enhance global competitiveness, including support for R&D, skill development, and infrastructure improvements. flag Despite current challenges like high operational costs and inadequate R&D, the plan aims to position India as a major player in the global automotive sector.

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