NEW DELHI : Indian exports of motorcycle parts to both developed and developing economies have grown significantly over the last three years, driven by government initiatives such as the Production-Linked Incentive (PLI) Scheme, which has boosted domestic manufacturing and strengthened the sector’s global presence, two people said.
This expansion has helped position India as a key supplier of motorcycle parts and accessories to international markets.
Citing official data from the commerce ministry, the first person said that exports of motorcycle parts and accessories increased sharply from $558.05 million in April . . .
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