"In spite of the low base of December 2016 one could not take away the fact that the sector had done well across segments, except passenger cars, and was on a growth path. This is expected to continue in the current quarter. A good monsoon, price discounts and new models are among the many reasons for the performance by the sector,”
Partner, Grant Thornton India LLP
This article appeared in Business Standard on 12th January, 2018.