Auto sales rise fastest in 10 yrs

“The overall growth trend continues and I see more reasons for it to continue. Timely onset of monsoon will be one of the primary reasons for that hope apart from the festival season and a series of new introductions. While on a sequential basis, the PV segment has shown a dip compared to May 2018, the YoY numbers have shown a significant jump mainly because of the pre-GST dip in June 2017,”

Sridhar V.
Partner, Grant Thornton India LLP

This article appeared in Deccan Chronicle on 11th July, 2018.