India's auto industry shows resilience despite cost pressures: Report

New Delhi, Aug 19 (IANS) Indian automobile manufacturers delivered a broadly resilient performance in the first quarter despite a challenging cost environment with most two-wheeler makers limiting margin erosion through pricing actions and cost controls, a report said on Wednesday.

According to an analysis of HSBC Global Investment Research, most two-wheeler original equipment manufacturers (OEMs) reported only minimal margin contraction during the quarter, reflecting effective management of rising input costs.