India’s vehicle market is highly dynamic. In 2023, it represented 24.5 million vehicles with a 10.3-per-cent growth. Two- and three-wheelers together accounted for 76.2 per cent, passenger vehicles accounted for 16.1 per cent, and commercial vehicles accounted for 4.1 per cent. These figures are for vehicles sold within India; the 14 per cent of passenger…
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