With 9% growth, India scores over top car markets globally in 2017

Data showed that except for India and Japan, sales in most top countries have either moderated or at best remained flat in 2017

The growth of Indian passenger vehicle (cars, utility vehicles and vans) market stood out among top volume markets globally in 2017.
 

With a growth of more than nine per cent in sales, the domestic market is expanding at a pace faster than countries such as China, the US, Japan, Germany, the UK and France.  

Data available for the January-November period of 2017 showed the domestic passenger vehicle market expanded to 2.98 million units against 2.73 million units in the corresponding period of 2016, registering a growth of 9.15 per cent.

This despite a partial impact of demonetisation in the initial months