Domestic passenger vehicles wholesales rise by 4.7% in March 
News Updates

Domestic passenger vehicles wholesales rise by 4.7% in March

Domestic wholesales of passenger vehicles grew by 4.7 percent in March at 2,92,030 units

PSU Watch Bureau

New Delhi: Domestic wholesales of passenger vehicles grew by 4.7 percent in March at 2,92,030 units as compared to the same month last year, said Society of Indian Automobile Manufacturers on Thursday. In March last year, wholesales of passenger vehicles were at 2,79,525 units.
Two-wheeler sales clocked 12,90,553 units in the domestic market last month, as compared to 11,98,825 units in the year-ago period, Society of Indian Automobile Manufacturers (SIAM) said.

Total vehicle wholesales last month stood at 16,37,048 units, as compared to 15,10,534 units a year ago, it added. For the fiscal ended March 31, domestic wholesales of passenger vehicles were at 38,90,114 units, as compared to 30,69,523 units in the previous year. Two-wheeler wholesales in FY23 were at 1,58,62,087 units, as against 1,35,70,008 units in FY22, SIAM said. Total vehicles wholesale across categories were higher at 2,12,04,162 units in FY23, as against 1,76,17,606 units in FY22, SIAM said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks