West Asia tensions begin disrupting India's auto supply chain, margins
AI Summary
Geopolitical tensions in West Asia are disrupting India's auto supply chain, leading to increased commodity prices and freight costs for manufacturers like Bajaj Auto and Hero MotoCorp. The industry is facing significant pressure on its profit margins due to these external factors.
Bajaj Auto, Hero MotoCorp and Ather Energy flag rising commodity prices, freight costs and supply-chain disruptions as geopolitical tensions ...