As the Indian economy starts limping back to normalcy, the auto industry may report better growth in volumes led by better rural sentiment, low interest rates, improving finance availability and a gradual pick up in business and economic activity.Tractors, passenger vehicles and 2-wheelers may continue to show upward trajectory supported by improving retail and inventory build-up with dealers before the festive period. However, 3-wheeler passenger segment will show a delayed recovery due to preference for personal mobility over shared.The auto industry witnessed year-high growth of 32 percent during the month of September led by a strong order book for the upcoming festive period. 2-wheelers makers like Hero MotoCorp, Honda Motorcycle, Scooter India and Bajaj Auto recorded double-digit growth during September.

(Moneycontrol)