NEW DELHI--June 24, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--India's annual production of automobiles in fiscal-year 2023 was 25.9 million vehicles, according to the India Brand Equity Foundation, and a recent report from Nuvama (Mumbai, India) notes the country's production is largely insulated from impacts caused by China's export restrictions on rare earth minerals (REMs). India has a strong market in terms of domestic demand and exports.
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