PV segment likely to see record 18-20 pc growth in FY24: Report

India's Passenger Vehicles (PV) segment is expected to achieve a record 18-20% growth in the current fiscal year, with a continued upward trend in the next fiscal year, according to a report by CareEdge. The growth is attributed to a strong order book, improved supply chain, robust demand for new model launches, and increasing demand in the Utility Vehicles (UVs) segment.
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