MUMBAI – India’s sales and exports of cars and utility vehicles jumped 42.3% to 226,221 in January, compared with year-ago, and 19.6 % ahead of December. Industry sales in 2009 rose 19.4% to 2.2 million vehicles and since June have averaged 32.8% growth per month. Analysts say these are unmistakable signs of a turnaround in the industry and a strengthening of the economy. The Society of Indian Automobile Manufacturers estimates employment in the industry will climb 38% by 2012. “Auto ...
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