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Weak demand continues to trouble Indian car industry

The Indian car industry remains nervous over ongoing weak demand in 2013/14, says Radhe Shyam, but there is some hope of a recovery towards the latter part of the year

After witnessing its first fall in over a decade in the last fiscal year, the Indian car and passenger vehicle industry has started 2013/14 on a nervous note, as sales remain sluggish and buyers remain reluctant to spend. Car companies, saddled with huge inventories despite offering attractive discounts and freebies,

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