NEW DELHI (Reuters) – India’s passenger vehicles sales grew 26.7% in the fiscal year 2022-23, as chip shortages eased and demand for sport utility vehicles (SUVs) surged, an auto industry body said on Thursday.
Wholesale passenger vehicle volumes for the year rose to 3.9 million units from 3.1 million units a year ago, the Society of Indian Automobile Manufacturers (SIAM), which records sales to dealers, said.
(Reporting by Yagnoseni Das and Aditi Shah; Editing by Varun H K)
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