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Passenger vehicle demand remains strong, while inflation and rising input costs could weigh on the sector’s outlookIndia’s automobile industry is likely to see near-term support from inventory build-up ahead of the festive season, but sales growth could moderate thereafter as the sector faces a hig…
New Delhi, Sept. 23 -- India's automobile sales are likely to get near-term support from inventory build-up ahead of the festive season, but growth rates may ease thereafter as the industry moves against a high base, JM Financial Institutional Securities said in a sector report."We expect inventory…