Industry Data

Indian market hits a new record in 2023

GlobalData analysis shows that the Indian market hit a new record for the second consecutive year in 2023

February 7, 2024

Credit: SumanBhaumik/Shutterstock.com

Owing to high inventory in the pipeline, vehicle makers in India again reduced wholesales in December 2023, after having built up stock for the seasonally strong festival season.

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