Chetan Ahya of Morgan Stanley discusses the current slowdown in India’s urban economy and predicts a recovery driven by increased government expenditure. He highlights signs of improvement in rural demand and private sector capital expenditure. Despite the short-term urban slowdown, projections indicate a stabilized GDP growth rate close to 7% in the near future.
Localisation will help Hyundai to position cars well in both IC & EV space in India: Tarun Garg
Post listing, Hyundai Motor India will launch the Creta EV and three more electric vehicles soon. The company aims for strong localization in Tamil Nadu