 "automobile, auto sales, auto component, car, equipment, manufacturing, component, production, jobs, workers")
Low stocks with dealers due to the production halt in May forced auto companies to raise output in June, leading to multi-fold growth in wholesale dispatches for the month. Auto sales are a key barometer of the economy.
Industry executives said that they expect the momentum to continue, as most of the country is likely to witness a normal monsoon leading to growth in disposable income aided by an urge to shift to personal mobility from public transport.
The country's largest carmaker Maruti Suzuki reported an over three-fold increase in total sales at 147,368 units in June, from 46,555 units
