SUVs, 2-wheelers power auto sales growth in April

NEW DELHI:India’s automobile industry began FY27 with strong growth across segments, led by rising demand for SUVs and two-wheelers, even as concerns persist over higher commodity prices linked to tensions in West Asia.Domestic passenger vehicle sales rose 26% year-on-year to nearly 4.4 lakh units in April, according to data released by the Society of Indian…

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India voices concern over Strait of Hormuz, Gaza at BRICS conclave

India on Thursday voiced strong concerns over the crisis in West Asia, warning that continued tensions threaten global energy supplies, maritime stability and economic security, as external affairs minister S Jaishankar urged BRICS nations to find “practical ways” to deal with geopolitical upheavals and “unilateral coercive” sanctions.Addressing the opening day of a two-day BRICS conclave,…

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Auto exporters dodge West Asia pothole

Chennai: India’s automobile exporters began the new fiscal year in buoyant form. Shipments of locally made cars, utility vehicles and two-wheelers rose at a double-digit pace in April, despite logistical snarls triggered by tensions in West Asia. For now, exporters point out that diversification across markets is cushioning the blow. Passenger vehicle (PV) exports were…

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