Due to the good adoption of digital adoption and financing, the sale rate is likely to be touched by about six million units in this financial year.
The ratio of sales has increased to 1.4 at a cost of less than one in the last two years, according to the report.
The market value of the car used is approximately Rs 4 lakh crore.
He said that the organized players in the department are in high operational expenses towards renewal, logistics and financing as the area is in extension mode, resulting in cash loss.
However, this financial and financial year is expected to increase the revenue level in this financial and next financial year. Subsequently, the credit profile of the players will mainly depend on timely funding and there is sufficient liquidity for growth. Crisil rating said.
After the financial year of 1-19-199, organized players have raised Rs.
.