INDIA: Vehicle component makers benefit as DaimlerChrysler looks for cheaper suppliers
Indian exports to DaimlerChrysler accounted for 8% of the total Euro 800 million in fiscal year '02-03, according to the Economic Times of India. Noshir Desai, DC’s divisional manager, global procurement and supply, reportedly said automotive component exports from India to DCAG globally were E63 million in calendar year '02 and, on an annualised basis, would amount to 8% of the country's total auto component exports.
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