Domestic Demand And Investments Driving Autos Production Growth
Autos / India / Fri 05 May, 2017
BMI View : Autos production in India will grow 8.6% in FY2017/18 and average growth of 8.5% over our FY2018/19-FY2021/22 forecast period, spurred by healthy domestic demand for both passenger and commercial vehicles as well as investments by major OEMs into local manufacturing facilities.
We hold a bullish outlook for vehicle production in India