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    HomeNewsBusinessStocksAuto ancillaries to cut down on capex by 35%: CRISIL

    Auto ancillaries to cut down on capex by 35%: CRISIL

    CRISIL Ratings esearch has come out with its report on auto space. According to the rating agency demand recovery in the M&HCV and passenger car segments is likely to be gradual, due to limited flexibility of the government to stimulate demand.

    February 02, 2012 / 16:15 IST

    CRISIL Ratings esearch has come out with its report on auto space. According to the rating agency demand recovery in the M&HCV and passenger car segments is likely to be gradual, due to limited flexibility of the government to stimulate demand. The increasingly uncertain business environment in Europe could also hurt export growth in the near term.

    Proactive measures could ease near-term pressures on players

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    first published: Feb 2, 2012 04:00 pm

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