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MG Motor India, M&M, Hyundai, Honda, Tata Motors and Toyota Kirloskar Motor are among the carmakers betting on the growing market of a tech savvy and safety conscious Indian consumer, estimated to rise to $9.98 billion by 2032 from $2.12 billion now
Indian shares rose on Friday, led by metal stocks on China’s measures to support its housing sector, while risk aversion ahead of a key U.S. jobs report capped gains.
Gadkari, while outlining the broad contours of the programme, said car customers can refer to the star ratings to compare the safety standards of vehicles and accordingly make their decisions
FADA President Manish Raj Singhania said that while auto retail sales growth mirrored last month's trend, the MoM decline continued to highlight short-term slowdowns.
FADA president Manish Raj Singhania stated that the PV segment navigated a mixed landscape characterised by variable demand, dynamic product portfolios and oscillating market sentiments