Publish Date : 19 Jan 2023, 03:00 PM |
City : Mumbai |
Category : Services |
Editor : Chinmayi Sawant
The automotive industry in India has seen exponential growth over the years.Today, the country has the potential to become the number one automotive market in the world, leading the small car market in particular. Specialist Mandhir Singh Todd explains why this phenomenon is taking place and what the prospects are for the sector.According to Mandhir Singh Todd, passenger vehicles have recorded the highest ever sales in FY2022-23, as of November 2022. But, in addition, the industry is expected to be able to register a 16% growth in 2023.