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Irdai proposes 3 years insurance cover for cars, 5 years for two-wheelers

The Insurance Regulatory and Development Authority of India (Irdai) has floated a draft on 'Long-Term Motor Products covering both Motor Third Party Insurance and Own Damage Insurance'.
Lot more scope for 2-wheeler growth across country: SIAM

Vikram Kirloskar believes the auto industry grew just 2-3 percent last year but this year it is expected to double its growth to around 5 percent.

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