The commercial vehicles segment also saw an uptick in sales, with industry leaders Ashok Leyland and Eicher Motors posting 5% and 6.5% rise respectively.
Industry body Society of Indian Automobile Manufacturers says 'it sees no reason why' entry-level car segment — which has shrunk due to rising prices — will not see 'sudden' revival in demand.
As per ratings agency, higher incomes and strong order book driven by pent-up demand, especially for SUVs, will support domestic growth even as exports remain sluggish.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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