ARAI (AUTOMOTIVE RESEARCH ASSOCIATION OF INDIA). Total production volume grew at a CAGR of 4.43 per cent during FY 12-17.
All the companies which were mention in above is likely to hike in their sales with relate to fall in price of diesel & petrol in near future due to economic reforms.
The major automobile players in the Indian market are expected to make India a leader in the 2W and Four Wheeler (4W) market in the world by 2020.
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