Automobile retail sales in India saw double-digit growth in 2023-24 driven by record offtake of passenger vehicles, three-wheelers and tractors, dealers' body FADA said on Monday.
The retail sales across segments rose by 10 per cent to 2,45,30,334 units last fiscal as compared with 2,22,41,361 units in 2022-23.
The Indian automobile sector achieved a commendable double-digit growth across categories with two-wheelers, three-wheelers, passenger vehicles (PV), tractors and commercial vehicles registering strong demand, Federation of Automobile Dealers Associations (FADA) President Manish Raj Singhania said in a statement.
This story is from the April 09, 2024 edition of The Free Press Journal.
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This story is from the April 09, 2024 edition of The Free Press Journal.
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