Carmakers raise FY24 sales growth projection to 8.2%

India's car industry has revised its growth projections to over 8%, driven by strong passenger vehicle sales and domestic consumption. The industry remains optimistic about growth, supported by low-interest rates, controlled inflation, and a fast-growing economy. Moody's raised its GDP growth forecast for India to 8% from 6.6%.

from Auto-Industry-Economic Times https://ift.tt/fZK48TF