Auto ancillary sector growth outlook positive, but near-term margin pressure likely: Report
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bignewsnetwork.comAuto ancillary sector growth outlook positive, but near-term margin pressure likely: Reportbignewsnetwork.comNew Delhi [India], July 8 (ANI): India's auto bearings and ancillary sector is expected to witness strong medium-term growth, driven by robust demand across the automotive and industrial segments, although short-term profitability may face pressure from input cost volatility and transition-related expenses, according to a report by Centrum. The report noted that the sector is benefiting from rising bearing conten
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