"OEMs (original equipment manufacturers) have shown growth which is closer to the highest average monthly sales in the previous financial year. While one can see some ups and downs in the current year the story is that the growth is perceivable and venturing into a stabilising environment amidst the rumble and tumble of various policy measures faced during the year."

Sridhar V
Partner, Grant Thornton India LLP

This article appeared in Economic Times on 12th December, 2017.