India’s Heavy Industries & Public Enterprises Ministry on 10th December released the details of domestic vehicle sales.
According to its data, India has generated Rs 490,849 crore turnover in 2018-19 from domestic sales of vehicles.
Turnover of domestic sales of vehicles for the previous three Financial Years(FYs) is as follows;
|Turnover Estimates through domestic Sales of Automobiles of all categories of vehicles (Rs. in crore)|
|Quantum of Sale of Vehicles of all categories (Numbers In lakhs)|
The Government, as a policy maker, always attempts to keep and improve momentum of the Economy through a package of measure for comprehensive and continued development of the Industry as and when required, Heavy Industries & Public Enterprises Minister Arjun Ram Meghwal said in a statement.
The Government from time to time, infuses capital in public Sector NBFC based on an objective assessment of requirements, the ministry said.