Wire Harness Market Worth $150.70 Billion, Globally, by 2030 – Exclusive Report by The Insight Partn
According to a new comprehensive report from The Insight Partners, several favorable government initiatives are contributing to the wire harness market growth. For instance, under Section 80EEB of the Income Tax Act, Government of India announced that one can claim US$ 1,879.46 against the interest on their electric vehicle loan. Due to this, electric vehicles are gaining traction, leading to the massive demand for wire harnesses, and thus propelling the market growth.