Passenger Vehicles Sales To Grow 7-9% In 2017: Fitch
Vicky Melbourne, Senior Director & Head of Industrials, Southeast Asia & Australia, Fitch Ratings, spoke to NDTV Profit about India's auto sector. While there has been a lot of concern about demand for cars and bikes getting hit due to the cash crunch, Vicky believes that this will be temporary. Lower cost of ownership and pay commission arrears will ensure that passenger vehicles will grow 7-9% in 2017, the Fitch official said.
