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United Kingdom

Passenger Vehicles Expected To Grow 3-5 Pct In FY20 - India Trade Body Presentation


Monday, 8 Apr 2019 

April 8 (Reuters) - India Trade Body Presentation::PASSENGER VEHICLES EXPECTED TO GROW 3-5 PERCENT IN FY20 - INDIA TRADE BODY PRESENTATION.COMMERCIAL VEHICLES EXPECTED TO GROW 10-12 PERCENT IN FY20, TWO-WHEELERS 5-7 PERCENT - INDIA TRADE BODY PRESENTATION.POOR FESTIVE SEASON, AVAILABILITY OF FUNDS AND PRE-ELECTION PERIOD AFFECTED GROWTH LAST FISCAL YEAR - INDIA TRADE BODY PRESENTATION.INDIA AUTO TRADE BODY EXEC SAYS SEEKS LOWERING OF GOOD AND SERVICES TAX ON TWO WHEELERS TO 18 PERCENT FROM 28 PERCENT.INDIA AUTO INDUSTRY BODY EXEC SAYS SLOWDOWN IN PASSENGER VEHICLE SALES IN SECOND HALF OF LAST FISCAL YEAR IS DUE TO SHARED MOBILITY.