Indian Automobile Sector Witnesses Sluggish Sales

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New Delhi: The auto sector in India has witnessed a sluggish rate of sales in the last two quarters, informed Minister of Heavy Industries & Public Enterprises, Arvind Ganpat Sawant, in a written reply in the Lok Sabha today.

During the period from January 2018-June 2018, 13.39 million vehicles (all categories) were sold and during the period from January 2019-June 2019, 12.04 million vehicles were sold.

A net decline of 10.08% was registered in the rate of automobile sale in the last two quarters, the minister informed.

The Government, as a policymaker, always attempts to kick start the sluggish economy through a package of measures for comprehensive and continued development of the auto sector as and when required, he added.

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