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    HomeNewsOpinionQ3 results of Hyundai, Maruti, Tata Motors point to slowing PV demand

    Q3 results of Hyundai, Maruti, Tata Motors point to slowing PV demand

    Demand for PVs is dented, thanks to the high base of earlier years, high inflation and sticky interest rates that are impacting discretionary spends

    Vatsala Kamat
    January 30, 2025 / 11:19 IST
    Q3 results of Hyundai, Maruti, Tata Motors point to slowing PV demand

    elevated inflation particularly food inflation and sticky and high interest rates are hurting savings potential and the propensity to spend on discretionary items of the salaried middle-class

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