Indian Auto-Industry being one of
the largest industries in the world accounts for 7.1 % of the country's Gross
Domestic Product (GDP),
The sales of Passenger Vehicles (PVs),
Commercial Vehicles (CVs) and Two-wheelers (2Ws) grew by 9.17%, 3.03% and 8.29%
respectively, during the period April-January 2017.
With the growth specifically in
the passenger vehicle segment, Industry now, expects Indian passenger vehicle
market to reach four...