TMCnet News
CCI ORDER CLEARS ROAD FOR GENERIC CAR PARTS MARKET(Indian Business Insight Via Acquire Media NewsEdge) The Competition Commission of India (CCI) has ordered car manufacturers to commence providing spare parts more widely. The order would encourage the production and sale of non-certified generic components in India. Generic parts sales currently account for one sixth of India's $6.6 billion after sales components sector, as per IHS Automotive report. |