In FY 2015-16 Indian Automobile Industry saw 4% growth compare to FY 2014-15.
Production, Sales and Export Overview FY 2015-16
Every segment showed grwoth in current Fiscal year.
Production showed 2.6%, Sales 3.8% and Export 1.9% in FY 2016.
Commercial Vehicle Showed maximum growth of 12%.
Overall Production showed 3% growth.
Even due to low market sentiments export also showed 2% growth in FY 2016.