Market Brief
India's Automotive Sector on Road to Recovery, an Industrial Info Market Brief
India's auto industry is riding toward the road to recovery after witnessing historic zero sales in the first month of fiscal year 2021. Most of the OEMs in the two-wheeler and passenger vehicle segments have seen double-digit growth for September 2020. According to the Federation of Automobile Dealers Associations data, on a yearly comparison, passenger vehicles retail sales in September 2020 grew by 9.81% during the same month of last year. Industrial Info is tracking 1,430 operational plants for two- and four-wheeler assembly and parts production in India, with 5,331 functional management contacts. Click here for a list.
Released Thursday, October 22, 2020
India's auto industry is riding toward the road to recovery after witnessing historic zero sales in the first month of fiscal year 2021. Most of the OEMs in the two-wheeler and passenger vehicle segments have seen double-digit growth for September 2020. According to the Federation of Automobile Dealers Associations data, on a yearly comparison, passenger vehicles retail sales in September 2020 grew by 9.81% during the same month of last year.
Industrial Info is tracking 1,430 operational plants for two- and four-wheeler assembly and parts production in India, with 5,331 functional management contacts. Click here for a list.
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