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India in talks with China over rare earth exports, aims for predictability in trade, Maruti cuts EV output
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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