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Festive cheer allays Auto Inc's stock worries, sets new records

India’s auto sector takes a sign of relief after October sees strong pick-up in sales, easing fears of an inventory pile-up.

08 Nov 2024 | 5424 Views | By Ashutosh Radhey Shyam & Prerna Lidhoo

Until a few months back, India's automotive industry was navigating a challenging period, with showrooms quieter than usual and dealers across the country grappling with ballooning stock levels. Then came October and with it, a shift that jolted the market back to life.

The festive season—arriving weeks earlier than ...

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