* Passenger vehicle sales plunge 31%, steepest pace since Dec 2000
* Auto sector accounts for half of India’s manufacturing output
* Industry employs over 35 mln people, makes up 7% of GDP
* India’s GDP growth rate, currently at 5-year low, could fall further (Recasts lead, adds details and quotes)
Source:
* Auto sector accounts for half of India’s manufacturing output
* Industry employs over 35 mln people, makes up 7% of GDP
* India’s GDP growth rate, currently at 5-year low, could fall further (Recasts lead, adds details and quotes)
Source: