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Why is the Indian automobile sector facing a worrying slowdown? | ABP Uncut Explainer

Major automobile manufacturers including Maruti Suzuki India, Hyundai, Mahindra & Mahindra,Tata Motors and Honda have reported a high double-digit decline in their sales in the month of August.

As the Indian auto sector continues to reel under one of the worst slowdowns in its history, here is a look into the factors contributing to it.

 

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