Sales of three-wheelers jumped 74% to more than 94,000 units, while passenger vehicles sales grew marginally by 4% with heavy rainfall in north India slowing demand, FADA data showed.
May sales were quite good on the surface, but going through them with a fine comb requires understanding all sorts of subsidiary and interlinked issues.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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