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India has gradually become a sourcing hub for auto companies worldwide. Among the companies outsourcing from India are General Motors, Ford, Daimler Chrysler, Hyundai, Fiat, Toyota, Delphi, Navistar, Visteon, Cummins and Caterpillar. The auto component sector has posted significant growth of 20 per cent in 2003- 04, to achieve a sales turnover of Rs.30,640 crore (US$ 6.7 billion).

Foreign investment in the sector has had a positive effect on the Indian players. They have spruced up their quality assurance systems - a movement which goes a long way in competing in overseas markets.

Analysts say India's competitive advantage doesn't come from cost alone, but from its Full Service Supply (FSS) capability. As product life cycles and lead time for product development shrink, Indian manufacturers have evolved from 'build to print' to customised offerings

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