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European carmakers to favour India as it emerges as global hub: Goyal
Commerce and Industry Minister Piyush Goyal on Monday said all European carmakers would prefer to manufacture in India, as producing vehicles there would be uncompetitive due to the region's regulations. Goyal said India is going to become a global car manufacturing hub. "Finally India is going to become the global hub for car manufacturing. Everybody is going to come and manufacture in India and with Europe having such crazy regulations, it is going to be impossible to be competitive. All the …
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