About this document
Indian Automobile Sector Insights 2023 by Shital Patil is a document available to read on EtoBox.
The Indian automobile sector can be divided into several segments including two-wheelers, three-wheelers, commercial vehicles, passenger cars, utility vehicles, and tractors. Demand is linked to economic growth and rising incomes. In Financial Year 2011, two-wheeler sales grew 26% to 11.8 million units. Commercial vehicle and tractor sales also grew strongly. Prospects for the sector are positive due to expected infrastructure spending and GDP growth, which will benefit passenger cars and utility vehicles.
- Author
- Shital Patil
- Language
- EN