Thursday, November 28
Exports have been a saviour for automobile companies and consumer goods manufacturers hit hard over the last three-four quarters due to a consumption slowdown in India. The trend is set to continue-chief executives said the outlook for overseas sales is improving even further. This has shielded segments such as automakers, among the worst affected this year in terms of domestic sales, from production cuts. Some industries such as garments are even embarking upon increased capital expenditure, thanks to booming exports.Maruti Suzuki, Bajaj Auto, Honda Motorcycle & Scooter, ITC, Arvind, Dixon, Dabur, Godrej Consumer Products, Marico and others have said exports or overseas sales have grown at a double-digit pace in the first half from the year before, while domestic sales and volumes hav
