Car Production Capacities Remain Unutilized
March 29th, 2009
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The worst doesn’t seem to be over as yet. The car makers in India are still feeling the brunt of credit crunch and are reeling under the pressure. Most of the production capacities remain unutilized in nearly every production plant in India. Major auto manufacturers like Maruti Suzuki India Limited and Hyundai Motors India Limited are still working on 60 percent of the production capacities but other mid-rung companies are hard hit. Read more…
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