However, the major markets such as the US and Japan are still struggling to meet the demand, it said.
Nomura lowered its financial year 2025 third quarter estimate for India's passenger vehicle (PV) industry to 1 percent year on year, which was 4 percent earlier. It maintained its estimate at 6 percent YoY for FY26/3F.
It said the mix continues to improve as SUVs and premium models drive Average Selling Price (ASP) growth.
Bu hikaye The Statesman dergisinin December 07, 2024 sayısından alınmıştır.
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Bu hikaye The Statesman dergisinin December 07, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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