Demand in India's car market to stay strong in FY22, says Motherson Group
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While commercial vehicle sales are beginning to come out of a trough, car sales are strong because of increasing consumer preference for personal mobility due to the pandemic, V C Sehgal, chairman of the Motherson Group, told ET.
Vivek Chaand Sehgal, Chairman
Demand in India’s car market is expected to remain strong in FY22 despite the recent surge in Covid cases and episodic lockdowns, the head of the country’s biggest auto-parts maker said Tuesday.
While commercial vehicle sales are beginning to come out of a trough, car sales are strong because of increasing consumer preference for personal mobility due to the pandemic, V C Sehgal, chairman of the Motherson Group, told ET.