
Passenger vehicle sales in India are expected to grow by around 10 per cent this fiscal, as demand remains strong despite uncertainties arising from the war in West Asia, Tata Motors Passenger Vehicles Managing Director & CEO Shailesh Chandra said on Thursday.
While the industry remains optimistic, demand in the entry level segment could be impacted if fuel prices are increased significantly although it could also lead to consumers opting for CNG and electric vehicles, Chandra told reporters in an earnings call.