The Economic Times

Auto sales growth likely to normalise after festive inventory build-up; West Asia inflation a risk: Report

India's automobile sales are expected to experience near-term support due to inventory build-up before the festive season. Demand remains strong across various automobile segments, particularly for utility vehicles and mid-range motorcycles. The growth rates for passenger vehicles are notably higher compared to two-wheelers. However, the industry faces cost pressures due to inflation and rising input costs. A normalization in growth rates is anticipated following the high base of previous periods.