<p>ACG presents Market Intelligence report on Indian Automotive Industry after Demonetization</p>
The highlights of Indian Automotive Industry Analysis after Demonetization
- Economic growth rate forecast that has been revised downwards to 7.1 percent from 7.6 percent due to effect of demonetization
- Since repo rate unchanged at 6.25, there is no impact on EMI
- Indian OEMs are trying to adopt new technology and discuss with their suppliers
- On ground level, Inflation came down in several sectors especially in Real state and Commodity
- Some key models has been launched in last quarter
- On Dec 16, manufacturers are planning to reduce the production to fill the gap between demand and supply
- Suppliers will be also affected and need to change their business plan accordingly
Detail report is available in PDF version
