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- Profitability and Liquidity of Automobiles
Profitability and Liquidity of Automobiles
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The Automatic industry is the backbone of Indian Economy. Automobile is the key component as many other sectors of economy are dependent on it. Infrastructural growth of a country includes urban, rural and industrial development. To fulfill this prosperity and growth interconnectivity between different regions is mandatory. This is facilitated by the automobile industry. The Auto industry is playing a prominent role in moulding country's economy and growth. The producers of heavy commercial vehicle have started setting up and initiating small manufacturing units in India.
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