Indian Auto Industry shows uptick in October

ERJ staff report (DS)

New Delhi, India – Despite growth of only 4 percent in the year to date, India vehicle production grew by 15 percent in the month of October, to 1,829,490 vehicles, compared with 1,596,500 in October 2011. The data was published today by SIAM, the Society of Indian Automobile Manufacturers

Domestic sales showed the same pattern. Sales in October grew by 14.81 percent over October 2011 compared with growth of 5.26 percent in the period from April -October 2012.

In the consumer segment, utility…

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