India's growth in terms of Automobile sales Hello readers, India Car sales growth story Car sales growth numbers we considering as reflection of growth story of Indian household and economy. As we looked over numbers there is no great story. 2006 Car sales- 1.31 Million units 2020 Car sales- 2.43 Million units Average annual growth rate was only 5.22% As we look car sales growth as economy's growth then we not grow in last 10 years or slightly grow. Our consideration of car sales growth is direct reflection of growth in lifestyle of citizens, we may wrong also for this consideration. As we take base year 2012/2013 to compare growth in Auto sales then result is there is zero or near zero growth in 2021. Below are car sales numbers year-wise (Million units): 2011- 2.5 2013- 2.7 2015- 2.6 2017- 3.0 2019- 3.1 2021- 2.71 As compare to Brazil which which having similar numbers of car sales like India in Emerging market class. So If we compare both country's stock index the...
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