Indian automotive market witnesses steady growth on the back of robust demand
India, March 3 -- Indian automakers have reported a continued surge in sales for the month of February, buoyed by robust demand for both two-wheelers and utility vehicles, according to monthly sales data released by industry players.
Maruti Suzuki India, a leading automotive manufacturer, recorded total sales of 197,471 units, comprising domestic sales of 163,397 units. This marks a notable 9 per cent year-on-year increase in the domestic market segment. Hyundai, another prominent player in the Indian automotive sector, reported domestic sales of 50,201 units in February, representing a solid 6.8 percent growth compared to the same period last year.
Tata Motors witnessed a significant uptick of 19 per cent in its passenger vehicle (PV) ...
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