Chip shortage eases, offering hope for automobile makers: CRISIL
The global chip shortage, which has disrupted the automobile industry in India for a substantial part of fiscal 2021, 2022, and 2023, is finally showing signs of relief. Supply-chain challenges are being addressed, and improved predictive demand forecasts are enabling more stable production schedules. According to a press release by CRISIL Ratings, the scarcity of …