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The auto industry expects car sales to be on the fast lane this festive season on the back of new launches and improved production but is cautiously optimistic on the road ahead once the festivities peter out.
The festive season, which usually witnesses a spike in automobile sales, begins this year on August 11 with Rakshabandhan stretching up to Diwali on October 25.
With potential risks of Taiwan-China tussle escalating, the threat of key raw material for automobile manufacturing semi-conductor shortage is once again