October 28, 2024 4:37 PM

Demand for premium vehicles surges in India ahead of festive season: survey

The demand for premium vehicles in India is on the rise as the festive season approaches, according to a survey by Grant Thornton Bharat. The report attributes this shift in consumer preferences to increased disposable incomes and a favorable economic outlook. Titled Shifting Gears: Understanding Passenger Vehicle Market Trends, the survey shows that over 85% of respondents expressed interest in purchasing premium vehicles, signaling a major shift in the country's automotive market. The findin...