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Coverage of MSMEs in the automotive industry

Mr Rajesh Menon, SIAMSectors

SIAM Unveiled Auto Industry Sales Performance Report of October 2022

Mr Vinod Aggarwal, President, SIAM said, “Good market sentiments coupled with festive boost, resulted in higher sales in October, especially for Passenger Vehicles. Higher inflation and rising interest rates have impacted the rural market more, thereby returning marginal growth of the Two-Wheeler segment."

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