• user-img

    Sonal Shridhar Shinde in News

    04-Apr-2023 10:09 AM


    Retail Vehicle Sales Rise 14% In March: Automobile Body

    Auto sales are among the key indicators used to assess India's private consumption.
    India's retail vehicle sales jumped 14% to more than 2 million in March on festival demand and buying ahead of the implementation of new fuel emission norms, the country's FADA (Federation of Automobile Dealers Associations) said today.
    The three-wheeler segment of the vehicle market achieved record numbers in March, FADA said, with retail sales surging 69% year-on-year, surpassing the previous high hit in March 2020.
    The industry body also warned that the possibility of an El Nino weather pattern later this year could lead to poor monsoons, hampering rural India's growth potential.
    Source: NDTV