Discover and read the best of Twitter Threads about #Autosales
Most recents (3)
The domestic automobile sales volumes grew by 20% y-o-y in November 2022. The growth momentum
continued due to wedding season, offers, a low base.
continued due to wedding season, offers, a low base.
On the other hand, exports are expected to decline by 12-15% in FY23 on account of ongoing geopolitical
tension, globally high inflationary and interest rate environment.
tension, globally high inflationary and interest rate environment.
lets see the trends of autos in last month -
2-Wheeler - The 2W segment grew by 17% on a y-o-y basis during November 2022 amidst the ongoing wedding season and low base of last year.
2-Wheeler - The 2W segment grew by 17% on a y-o-y basis during November 2022 amidst the ongoing wedding season and low base of last year.
Rural Broadband project, #BharatNet,rolled out by @narendramodi govt,to be implemented via PPP model,will ensure,every inhabited village in 16 States will have Optical Fibre Connectivity,with overall cost at 19041 Cr
3.61 lakh villages will get broadband,OTT&Multi media Services
3.61 lakh villages will get broadband,OTT&Multi media Services
On economic front,good news is,for FY21,India saw Current Account Surplus (CAS) of 0.9% of GDP,versus Current Account Deficit (CAD) of 0.9% in FY20
Under inept #Congress,#CAD rose to 6.8% in 2013 but it has been less than 2% in last 7yrs,under @narendramodi govt,which bodes well
Under inept #Congress,#CAD rose to 6.8% in 2013 but it has been less than 2% in last 7yrs,under @narendramodi govt,which bodes well
Just look at the kind of transformative work being done by @narendramodi &his team
PM Matsya Sampada Yojana to boost #Pisciculture,with a Rs 20000 Cr corpus &subsidy in the range of 40%-60%,is a huge boost to agri&allied services sector
#Modinomics #PMModi #ModiHaiTohMumkinHai
PM Matsya Sampada Yojana to boost #Pisciculture,with a Rs 20000 Cr corpus &subsidy in the range of 40%-60%,is a huge boost to agri&allied services sector
#Modinomics #PMModi #ModiHaiTohMumkinHai
State of the Economy through Charts and Tables
As the GDP growth (at 5%) slowed to a 25 quarter low in Q1 of FY 2020, let us examine the various economic indicators to understand the 'real' state of the Indian economy. Here is a thread. 1/13
As the GDP growth (at 5%) slowed to a 25 quarter low in Q1 of FY 2020, let us examine the various economic indicators to understand the 'real' state of the Indian economy. Here is a thread. 1/13
1) 2-Wheeler Sales - dipped by ~17% in July, 2019. Motorcycle sales fell by 19% while Scooter sales declined by 12%. Scooters sell more in urban India. Motorcycles sell in both urban as well as rural India. The data shows distress in both India and Bharat. 2/13
2) Car sales - saw a massive YoY volume degrowth of 30.3%. Car purchase is a discretionary spending. People buy cars only when they are assured of future economic prospects. It shows that urban economic sentiment is at rock bottom levels. 3/13
