“Overall performance of the auto sector across vehicle categories for February 2018 has been significantly strong and in line with the growth trajectory evidenced throughout the last 11 months. New launches post the Auto Expo (in early February and) a sectormotivating Budget have kept the momentum at a very high level, especially with respect to commercial vehicles and two wheelers … 2017-18 is expected to end up as a record year for the sector.”

Sridhar V
Partner, Grant Thornton India LLP

This article appeared in Economic Times on 13th March, 2018.