All segments of the automobile industry in India recorded double-digit sales growth in November ’17. Sales of passenger vehicles grew 14 percent, lowest among all segments, while those of motorbikes and scooters grew 23 percent. Sales of commercial vehicles were up by 50.4 percent.
Business Standard reports that according to data issued by the Society of Indian Automobile Manufacturers (SIAM), demand from India’s rural areas is driving sales for two-wheeled vehicles. Vishnu Mathur, director general at SIAM, said, “In the goods carrier segment, trucks have grown mainly on enhanced spending by the government on infrastructure projects. However, the bus segment remains impacted, as government buying remains at a slow pace.”
