Indias Automobile Sector Sales Remain Resilient In August Despite GST Arbitrage: Report

New Delhi: India’s automobile sector reported strong retail sales in festive-heavy August despite the imminent GST arbitrage, a report has said. “As expected, enquiries have increased across the segments. Discounts remained elevated in the month,” HSBC Global Investment Research said in a report. However, the research firm said that they believe the next two weeks…