“The next three months of festive season should see some positive growth in the automotive sector mainly because of good monsoon, bonanza to government employees under the seventh pay commission and some attractive discounts offered by OEMs on few models. The new compact SUV models will entice customers to buy these vehicles. First time customers will prefer petrol version of the vehicles compared to diesel because of the uncertainty around these vehicles in the medium to long term.”
Abdul Majeed, Partner- Price Waterhouse and an auto expert “April 2017 is a good start for the Indian automotive industry. Many OEMs with a good product line have registered significant growth in April 2017. The […]
Quote from Abdul Majeed, Partner-Price Waterhouse and an auto expert on SIAM sales for August 2016. Abdul Majeed, Partner- Price Waterhouse and an auto expert OEM sales to dealers have increased significantly to cater to […]
Gautam Khattar, Partner – Indirect Tax, PwC “Despite of Automobile sector being one of the most promising contributor to economic growth, it has been facing the whip of increased tax rates and multiple cesses for […]
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