New Delhi, January 9, 2013: The Society of Indian Automobile Manufacturers (SIAM) has once again lowered its growth forecast for the automobile industry for 2012-13 from 5-7 percent (announced in October 2012) to 3-5 percent in view of the continuing high interest rate regime, rising input and fuel prices and the volatility in exchange rates.
09 Jan 2013 | 3137 Views | By Autocar Pro News Desk
New Delhi, January 9, 2013: The Society of Indian Automobile Manufacturers (SIAM) has once again lowered its growth forecast for the automobile industry for 2012-13 from 5-7 percent (announced in October 2012) to 3-5 percent in view of the continuing high interest rate regime, rising input and fuel prices and ...
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