Carmakers that saw nearly a decade of Indian sales growth wiped out in 2020 are expecting a bounce back in demand this year. But it is likely to be led by small, affordable cars - a sector dominated by homegrown leader Maruti Suzuki and rival Hyundai - rather than the premium models churned out by most foreign manufacturers, industry executives and analysts say.COVID-19 deals new blow to foreign carmakers’ Indian dream
Carmakers that saw nearly a decade of Indian sales growth wiped out in 2020 are expecting a bounce back in demand this year. But it is likely to be led by small, affordable cars - a sector dominated by homegrown leader Maruti Suzuki and rival Hyundai - rather than the premium models churned out by most foreign manufacturers, industry executives and analysts say.
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