Figures released by SIAM show that sales of cars grew at an annual rate of 39.5% in April, confirming buoyant  demand prospects.

Analysts say that vehicle sales in India are being underpinned by robust economic growth and the improved availability of consumer finance.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Domestic car sales were 143,976 in April, up from 103,227 in the same month last year, SIAM data showed, led by Maruti Suzuki which sold 80,034 units.

However, there are concerns in India that rising raw material prices could force prices up further.

 

See Also:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.