Indian Passenger Car market
The Indian car market has continued its impressive growth. After registering a 20.7 per cent growth in domestic sales last year, the market is expected to grow 12-15 per cent this year. That will translate to a sales volume of over 1.5 million passenger cars. The bulk of this volume will be dominated by small cars. There is even a possibility that India becomes the global small car hub.
Read the complete Business Today story on the Indian passenger car market, its problems and opportunities here.