Apart from festive demand, the growth momentum is also backed by positive customers sentiments and better cash flows
Sales volume of passenger vehicles, most important segment of the industry in terms of revenue, is on its way to a record this year
Plant to start running in Q4 of FY17; firm earmarks up to 3 mn euros for manufacturing facility and kick-starting operations
The event, to be known as the Dhaka Automotive Show, will see leading Indian automobile and component manufacturers participating
Growth led by passenger vehicles and two-wheelers
The assurance from Anant Geete comes at a time when the car manufacturing industry is under pressure from courts on diesel pollution issues
Ford, Volkswagen, Fiat and Nissan bring their iconic models to India, look to benefit from the buzz around these brands and boost their image
These also demonstrate how the sector has changed over the years
The April 2015 to February 2016 growth was at over 30%
Due to the BS IV emission norms for commercial vehicles that kicks off from April 2017.