Why "Make-in-India" is a big challenge for luxury carmakers in India
According to ICRA, the market contracted by almost 50 per cent over CY2019-CY2020 -- from annual volumes of about 39,640 in CY2018 to about 19,439 in CY2020. Last year, the industry crossed around 30,000 units.
Source: businesstoday.in
