Passenger Vehicle Dispatches Hit Record High in May, Driven by GST Cuts
· rediff.com
Domestic passenger vehicle dispatches in India surged by 27.3 per cent year-on-year to a record 4,38,854 units in May, driven by reduced GST rates and easier financing, according to the Society of Indian Automobile Manufacturers (SIAM).
India's automotive sector experienced a significant boost in May, with domestic passenger vehicle dispatches soaring by 27.3 per cent to a record 4,38,854 units...