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Need to develop alternate, localized supply chain to mitigate risks, says Hyundai India CEO

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To create a robust sub-vendor ecosystem, government intervention and support will go a long way in making India a manufacturing hub

There is a need to develop an alternate and localized supply chain to mitigate the impact of disruption and push localization in the domestic automotive sector, SS Kim, managing director and chief executive officer at Hyundai Motor India said, according to a report filed by the news agency PTI on 27 August.

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