Thursday, October 31, 2019

Auto sector#39;s contribution to GDP may slip to 7% this fiscal: Acuite Ratings

Auto sector#39;s contribution to GDP may slip to 7% this fiscal: Acuite Ratings As per Acuite Ratings Research, the total domestic sales of the automobile industry, including, passenger vehicles, commercial vehicles, two wheelers and three wheelers, were expected to decline by 6-7 per cent this fiscal as compared with 2018-19 to around 25 million units.

from Moneycontrol Business News https://ift.tt/322DJp6
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Short-term volatility may persist, but FII flows and economic activity to keep sentiment positive: Vikas Khemani

Vikas Khemani of Carnelian Asset Management remains optimistic about Indian markets, citing a strong domestic growth story and the resolutio...