Thursday, February 20, 2025

India's auto industry set for moderate growth; premium/SUVs to do better than mass segment: Nomura

India's passenger vehicle industry is projected to see moderate growth with expected rates of 1.5%, 5%, and 6% over the next three years, while the mass segment may face affordability challenges. Premium cars and SUVs are anticipated to perform well, and growth in the commercial vehicle sector is closely tied to economic and infrastructure activities.

from Auto-Industry-Economic Times https://ift.tt/j8564F0

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