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Indian auto industry accelerating, shows robust July numbers
TIWN
TIWN
PHOTO : TIWN
Chennai, Aug 3 (TIWN) The Indian automobile industry has posted robust growth last month with passenger/commercial vehicles and two-wheelers logging growth while the tractor segment lagged behind.
Passenger car majors clocked total sales of over 3.43 lakh last month as compared to July last year. The commercial vehicle's sector maintained robust growth momentum, driven by strong demand in both passenger and cargo segments, said Emkay Global Financial Services.
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