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The Indian auto sector has entered a phase of cautious optimism following the Goods and Services Tax (GST) rate cuts, which revived demand across segments. Investor sentiment, especially among foreign institutional investors (FIIs), has turned constructive as volume growth rebounds on the back of festive momentum, price reductions and improving rural sentiment. The most visible […]
Auto exports from India rose 26 percent year-on-year in the September quarter, driven by the highest ever deliveries of passenger cars, two-wheelers and three-wheelers during the period, according to the latest data released by industry body SIAM. Passenger car exports grew 23 percent to 2,41,554 units in the September quarter, compared to 1,96,196 units in […]
