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The Economic Times

Business / The Economic Times

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Auto upcycle gains depth; M&M and TVS Motors stand out, Siddhartha Khemka explains

Indias auto sector shows sustained post-festive momentum, with Q3 volumes up 17% year-on-year across segments. Strong demand, lean inventories and easing discounts are lifting revenues, profits and margins, supporting a positive medium-term outlook for automakers and ancillaries.

17 Jan 2026 11:39 am