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Preowned Cars Sales to Reach 10.92 mn Units by FY28 - Indian Blue Book Report 2023

Preowned Cars Sales to Reach 10.92 mn Units by FY28 - Indian Blue Book Report 2023
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

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Preowned cars sales to reach 10.92 mn units by FY28 – Indian Blue Book Report 2023

Preowned cars sales to reach 10.92 mn units by FY28 – Indian Blue Book Report 2023
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India's Pre-Owned Car Market Set To Reach 10.92 Million Units By FY2028: IBB Report 2023

The latest study by India Blue Book suggests India's used car market is expected to be valued at over USD 70 billion by FY 2028.

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India's used car market likely to more than double to $70.48 billion by 2027-28

Passenger vehicle sales in India have seen strong growth over the last year, aided by a slew of new launches. The used car market is also seeing rapid traction as new car buyers enter the market, the organised market is expanding and not too old good quality cars from major car makers are available at a relatively good price

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Digitisation will be key driver for Mahindra Finance, says MD designate

Senior management at Mahindra Finance is witnessing a paradigm shift as vice chairman Ramesh Iyer passes the reins to Raul Rebello at the end of April. Though developing new business models would take some time, analysts believe the company s strong rural reach and financials would be beneficial.

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