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Car companies take the local route!

Auto companies are having a rough ride. On one hand, increasing petrol prices are raising demand concerns. On the other, the rupee's fall is increasing cost concerns. And now in a bid to protect margins, car majors are opting for the only way out...increasing localisation, reports CNBC-TV18's Swathi Narayanan.

first published: Jun 20, 2012 06:17 pm

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