Industry Data

February sales dip slightly in India, while high inventory pose a challenge

GlobalData analysis suggests that market demand in India is now levelling off and that stocks are high

April 9, 2024

Credit: SumanBhaumik/Shutterstock.com

India’s Light Vehicles (LV) market has demonstrated resilience and growth, with sales reaching 426k units in February, a 10% increase year-on-year (YoY).

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