Upcoming festivities of Holi and Ugadi in March is likely to continue to drive demand, thereby closing FY2024-25 on a reasonably positive note,” Rajesh Menon, Director General, SIAM, said.

The passenger vehicle (PV) segment remained "resilient" in February 2025, witnessing its highest-ever February wholesales, with Holi and Ugadi festivals likely to drive demand in March 2025. According ...