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CareEdge Research Report
The timely arrival of monsoons, new model launches by the original equipment manufacturers along with improvement in the availability of semiconductors helped sustain the demand in July.
On a YoY basis, the domestic sales growth stood at 11%, with 2.9% growth on a month-on-month basis.
With the upcoming festive season, the OEMs are focusing on building up channel inventory in anticipation of higher demand.
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