We hosted auto component body ACMA, 5 listed companies and a leading tyre dealer in our Auto Ancillaries conference represented by senior management. Participants sounded optimistic on 1) sustenance of strong demand recovery continuing in 4QFY21 and 1HFY22, 2) benefits of cost cutting measures taken in 1HFY21 that will result in strong margin delivery along with improved utilizations in 2HFY21, 3) no sales impact due to second covid wave in key markets like Europe and US. Component suppliers to CV segment sounded confident on continued volume recovery. Motherson,...