Tag: India’s Automobile Production Trend (Apr’22-Mar’24)

India’s automobile production rose 9% in Q1CY’24 to 7.39 million units (MU) against 6.75 MU in Q4CY’23 and 31% compared to 5.66 MU in Q1CY’23, as per SIAM data. Thus, after robust downstream utilisation, the balance CRC volumes were being swept up by automotive manufacturers, giving another reason to sustain prices of the same. Auto…