Indian Auto Sector Reels Under Chip Shortage – Financial Express

Supply constraints amid an ongoing semiconductor shortage hit sales at top Indian carmakers Maruti and Hyundai in December for the fourth consecutive month, Financial Express reported.

Production cuts announced by automakers in the middle of last year also contributed to fewer despatches, the report said.

Read the full report: Financial Express

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Kevin Hamlin

Kevin Hamlin is a financial journalist with extensive experience covering Asia. Before joining Asia Financial, Kevin worked for Bloomberg News, spending 12 years as Senior China Economy Reporter in Beijing. Prior to that, he was Asia Bureau Chief of Institutional Investor for ten years.

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