Tag: India automobile sector
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India: Auto sector maintains steady growth in 11MCY’25, PV sales rise over 3% y-o-y
Production growth outpaces sales on capacity ramp-up Total production rises 6.5% y-o-y to 28.85 million units India’s automobile sector recorded steady y-o-y growth in 11MCY’25 (January-November 2025) reaching 24.61 million units, reflecting an increase of 2.8% y-o-y from the previous year’s 23.94 million units, supported by higher OEM sales, rising production and resilient domestic demand,…