India recorded robust growth in vehicle sales during the previous decade which has made the country into one of the dynamic markets in Asia, according to the latest report from IHS.
In 2014, India was the sixth largest market globally in terms of light-vehicle (LV) sales (comprising passenger cars and light trucks) after China, United States, Japan, Brazil and Germany. Prospects for the LV industry look better for 2015 and beyond, aided by an expected revival in economic growth and consumer sentiments,
