India’s auto sector is likely to see steady demand through the year-end, supported by strong post-festive buying and goods and services tax (GST)-driven affordability, according to Shailender Luthra, Director at Brite Group.
Speaking to CNBC-TV18, Luthra said the latest VAHAN registration data shows that demand continues to hold up after the festive season.
Luthra said the market sentiment is positive and dealers are seeing a healthy order book. Registrations have risen after the festive period, and the demand is unlikely to soften.
The Federation of Automobile Dealers Associations (FADA) CEO Saharsh Damani echoes Luthra's views that the demand strength is not only a festive effect. November has been supported by marriage-related buying, and December should see strong schemes from autom

CNBC-TV18

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