Updated: May 25, 2023, 06:11 PM IST
livemint
Since the beginning of FY23, the Indian auto industry … MoreSince the start of FY23, the Indian auto industry has been booming, attracting attention and significant investments from both domestic and foreign companies. Nifty Auto Index, which has experienced a year-to-date gain of 11% and an outstanding growth of 26%, stands out as a standout performer with strong growth in each of its categories. The outlook for the industry has further improved as a result of a jump in demand for two-wheelers and commercial vehicles, as well as changes in customer preferences in the passenger vehicle market.