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RE: LeoThread 2024-10-28 03:27

in LeoFinance2 days ago

KPIT CFO Priyamvada Hardikar noted the challenges facing the mobility industry, particularly in the automotive sub-vertical, as it contends with regulatory changes, rising vehicle costs, and shifting consumer preferences. “In Europe, OEMs are facing financial turbulence...The financial situation of some U.S. clients also adds to this uncertainty,” Hardikar commented, adding that the company is working closely with clients to prioritize and adjust delivery strategies, which may lead to delaye ..