India's pre-owned car market to grow up to INR 5 tn by FY28, Auto News, ET Auto
Pre-owned Car Market: The pre-owned car industry, which stayed strong despite challenges in FY22, saw a significant 14-16% growth in FY23. This growth was driven by factors like the market reopening, a growing preference for personal mobility, and rise in disposable incomes. The industry is expected to grow at a rate of 15% in FY24.
Source: indiatimes.com