Automobile

Automobile sector enters 2018 in full throttle, commercial vehicles sales up 40%

“There is momentum in the market, as was reflected in the third quarter GDP numbers, We have to wait and see if there are any inflationary trends going ahead. That aside, there are a lot of positive indicators — the proposed spend on infrastructure development, the favourable monsoons have increased marketability of products in rural markets. A number of vehicles showcased at the Auto Expo will be launched commercially over the next few months — this would further excite the market."

Sridhar V
Partner, Grant Thornton India LLP

This article appeared in Economictimes on 13th February, 2018.