India’s auto sector saw robust year-on-year growth in April, defying sequential dips attributed to high March bases and supply issues. Maruti Suzuki stood out with month-on-month gains, driven by GST benefits and strong demand across segments. Tractor and two-wheeler sales also showed strength, though auto ancillaries face margin pressure from rising commodity costs.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets