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SUV sales drive India's auto market, projected to grow 1-4% despite initial economic dip.
Passenger vehicle sales in India are projected to grow by 1-4% in the fiscal year, despite a 1.1% contraction in the first four months.
SUVs dominate the market, making up 65-66% of sales.
Maharashtra and Uttar Pradesh are leading sales, with steady model launches and potential GST cuts expected to support demand.
Inventory levels reached 55 days by July, with exports up 9% year-on-year.
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Las ventas de SUV impulsan el mercado automotriz de la India, que se proyecta que crecerá entre 1 y 4% a pesar de la caída económica inicial.