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India 2nd fastest growing market for passenger vehicles globally

India 2nd fastest growing market for passenger vehicles globally

Wednesday, April 12, 2017, 7:08 PM

India was the second fastest growth market for passenger vehicles among the top five nations globally, behind China, having expanded by 7% last year. According to global-automobile industry body OICA data, passenger vehicle sales in India stood at 29,66,637 units last year as against 27,72,270 units in 2015. In overall sales, the country retained its position as the fifth biggest global market for PVs.
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