New Delhi: Car sales in India are forecast to grow between 3 per cent and 5 per cent in the current financial year, an industry body said on Wednesday, following the first drop in sales in a decade in 2012/13.
Sales of trucks and buses are seen growing 7-9 per cent in 2013/14 which began on April 1, the Society of Indian Automobile Manufacturers said.
Motorcycle sales are seen growing by 6 per cent to 8 per cent.
12:30 PM, Apr 10, 2013
The government on Monday lowered the growth projection for the current financial year to 5.7-5.9 per cent from 7.6 per cent estimated earlier, while pitching for supportive monetary and fiscal policies to improve investor confidence. "Given ...an emerging scenario, it should be possible for the economy to improve the overall growth rate of GDP to around 5.7 per cent to 5.9 per cent for the year 2012-13", said the Mid-Year...
12:59 PM, Dec 17, 2012