Automobile association, Society of Indian Automobile Manufacturers (SIAM) will be revising auto sector's forecast for this year on January 10. In an interview to CNBC-TV18, S Sandilya, president of SIAM said, they will also be discussing the outlook for the auto sector.
Rising interest rates and soaring petrol prices have been hurting demand for cars. The demand situation is expected to improve if both these concerns are tackled with. "So, the sentiment could be very positive if RBI does not increase rates and fuel prices donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
