Auto sector set for strong growth despite export headwinds: Nuvama

New Delhi [India], April 1 (ANI): India's export growth shall remain positive for most OEMs despite a hit on Middle East exports and container availability issues, as per a report by Nuvama Institutional Equities.
"We maintain our constructive view on the automobile sector with healthy sales growth prospects for FY26-28E," the report said.
The wholesale uptrend is expected to continue in Mar-26 despite production constraints. This momentum is largely driven by enduring positive customer sentiments spurred by "better affordability, new products and adequate finance availability."