Investment bank sees 'strong opportunity' for these Indian stocks ahead of auto boom

Workers assemble wire harnesses at the Motherson Sumi Systems wiring harness plant in Faridabad, India.
Brent Lewin | Bloomberg | Getty Images

Indian exporters in the auto industry are poised to win behind a recovery in vehicle demand around the world, according to investment bank Nomura.

More In Street Calls

CNBC ProUBS sees the S&P 500 rising above 5,000 in the first half of 2022 before reversing
CNBC ProHere are Monday's biggest analyst calls of the day: Apple, Netflix, Wells Fargo, Grab, Nvidia & more
CNBC ProMajor Wall Street firms including Goldman and JPMorgan initiate Rivian at neutral, citing sky-high valuation