Indian Passenger Vehicle Market Sees Strong Festive Demand
1 report, 1 independent
Updated 00:00
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What happened
India's passenger vehicle market is experiencing strong festive demand, leading automakers to report robust deliveries around Dhanteras and Diwali. Maruti Suzuki India expects to deliver about 30,000 vehicles on Dhanteras, while Hyundai Motor India targets approximately 16,000 deliveries across Dhanteras and Diwali. Tata Motors Passenger Vehicles anticipates single-day deliveries exceeding 12,000 units on Dhanteras.
From businesstoday.in
Why it matters
The strong consumer demand is driving significant sales volume in the Indian market. However, some automakers are struggling to meet customer demand due to tight inventories and capacity constraints.
From businesstoday.in
Who's involved
- IndiaThe national market where the strong festive demand is occurring