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flag India's auto sales rose 7% in January, driven by a 16% increase in passenger vehicles.

flag India's auto retail sales surged 7% year-over-year in January, totaling 2.29 million units across various vehicle categories, including a 16% jump in passenger vehicles. flag The Federation of Automobile Dealers Associations (FADA) credits new model launches and the wedding season for the growth. flag However, dealers remain cautious about rising interest rates and rural financial challenges. flag For February, dealers are cautiously optimistic, with 46% expecting sales growth.

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