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India in talks with China over rare earth exports, aims for predictability in trade, Maruti cuts EV output
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India is engaging with China to stabilize trade supply chains after Beijing's rare earth export curbs disrupted the automotive sector. Maruti Suzuki scaled back near-term EV production due to raw material shortages, despite aiming to meet full-year targets. Indian automakers seek government intervention to expedite rare earth magnet import approvals, crucial for EV motor production.
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