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Auto ancillaries sector grew 33% to Rs 5.59 lakh crore in FY23

Auto ancillaries sector grew 33% to Rs 5.59 lakh crore in FY23. Vivek Chaand Sehgal of Samvardhana Motherson is the richest billionaire in the industry, followed by Arvind Poddar (Balkrishna Industries) and Nirmal Minda (UNO Minda).