"India Autos Report Q3 2013" Now Available at Fast Market Research
Despite the current gloom, we remain bullish on Indian auto sales going into FY2013/14. With Indian companies having run down their inventory in the past few months, there has already been an uptick in investment spending recently as inventories are rebuilt. Even though we do not expect further monetary easing measures from the central bank for the rest of the year, the recent rate cuts since the beginning of 2013, will provide a nice tailwind for passenger car sales in...
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