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
07 February 2024
07 February 2024
GlobalData analysis shows that the Indian market hit a new record for the second consecutive year in 2023
Despite a Q4 loss due to one-offs, the full-year 2023 numbers surprised analysts on upside
Combined investment estimated at US$20bn
The market last month was held back mainly by sharply lower sales by Daihatsu, Toyota and Mazda
Concerns for the 2024 outlook "given current economic conditions"
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