Will The Automobile Industry Sales See Recovery This Year?
News: Automobile Industry India Sales
The automobile industry has been through turmoil with pandemic and semi-conductor ship shortage issues impacting the growth of the industry. Recently, there was some relief when the Government of India reduced the duty on steel and fuel. As per the Automobile Industry India Sales the May’22 sales were flat yet again compared to the pre covid levels. However, the sales saw an enormous growth compare to the previous year. As per the FADA report, May’22 saw a 207% increase with all categories being green. Keep Reading