Automobile sales to grow, but slower next year
India’s automobile market is expected to see an increase in sales across segments in 2023-24, albeit at a much slower pace, after bucking the declining trend globally this year. The fundamentals that have supported growth in the past couple of years will continue to hold for next year, according to credit rating agencies and brokerage firms.
Automakers are keeping an eye on potential dampeners such as a persistent..
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