Indian Auto Market Sees Subdued Sales in April Amid High Base Effect and Election Season
The Indian automotive sector kicked off the new fiscal year on a relatively muted note, with domestic passenger vehicle (PV) sales experiencing minimal growth in April. According to industry estimates, PV sales reached approximately 338,341 units, representing a modest increase of just 1.76 percent compared to the same period last year.
The Indian automotive sector kicked off the new fiscal year on a relatively muted note, with domestic passenger vehicle (PV) sales experiencing minimal growth in April. According to industry estimates, PV sales reached approximately 338,341 units, representing a modest increase of just 1.76 percent compared to the same period last year.