Big December for two Indian automakers as Tata and Bajaj register growth Updated Jan 02, 2021 | 16:30 IST
Tata Motors registered 89 per cent sales growth in December 2020 as compared to December 2019. Bajaj Auto, on the other hand, has become the most valuable two-wheeler brand in the world. Big December for two Indian automakers as Tata and Bajaj register growth
Key Highlights
Bajaj Auto now has a market capitalization of over ₹1 lakh cror
Bajaj is the most valuable two-wheeler brand in the world
The Indian automobile industry struggled in the first half of 2020 but it showed signs of recovery in the latter half. And by the end of 2020, things seemed to have improved substantially. Carmakers like Maruti Suzuki, Hyundai, MG, and Toyota reported sales growth in December 2020 as compared to December 2019. MG, in fact, reported a 77 per cent sales growth in 2020 as compared to 2019. Adding to this list is another Indian carmaker Tata Motors whic