We expect the markets to be growing at about 7% to 8% in the coming year with the upper half of the industry growing at perhaps 2-3% points more and the bottom half growing at 2-3% points less than the average of 7% to 8%.
Auto sector advertising on Digital up 3x in 2023 over 2022: TAM Media adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Gumla: Three youths were killed after the two-wheelers they were riding collided near Hatinghodo village under Bano police station of Simdega district.
Despite rising commodity prices and the increase in vehicle costs, factors like improved supply of semiconductor chips and strong economic growth for FY24 resulted in higher vehicle offtake, as per SIAM.
In January-March, two-wheeler exports grew 30.6% year-on-year to 915,507 units, data released by automotive industry body Society of Indian Automobile Manufacturers (SIAM) showed.