Domestic passenger vehicle wholesales in India are estimated to have crossed the five-lakh mark in October, supported by strong festive demand, according to the figures shared.
Industry estimates place domestic PV dispatches in the range of 5.25 lakh to 5.3 lakh units for the month, compared with 4.6 lakh units in the same period a year earlier.
This indicates year-on-year growth of around 13% to 15%, despite a relatively high base in the corresponding period last year.
Source / Attribution: The Hindu
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