
"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,”
Sridhar V
Partner, Grant Thornton India LLP
This article appeared in Business Standard on 12th January, 2018.
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