According to the data revealed by Society of Indian Automobile Manufacturers (SIAM), car sales in India jumped 21 per cent in November from a year, sales last month climbed to 161,497 cars from 133,703 a year earlier.
But the number of cars sold was down from October, when car sales rose 38 per cent year-on-year to 182,992 units, the highest ever monthly total, buoyed by the religious festival season, when buying is considered auspicious.
SIAM forecast passenger car sales for the fiscal year to March 31 should grow by at least 25 per cent - far higher than the group's initial forecast of growth of 12-13 per cent.
Sales of commercial vehicles jumped by 18.26 per cent to 48,314 units from a year earlier.
The Indian market, Asia's third-largest, is projected to triple over the next decade to six million cars a year from the current two million, according to industry estimates.
- AFP Inputs
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