import duty exemption for manufacturing lithium batteries thus reducing ev acquisition cost a reduction in surcharge at the highest it slab will also benefit high end vehicle sales apart from this the capital outlay of inr 10 lakh cr for infrastructure spending will help aid cv sales which is already witnessing an upswing singhania said in january 2023 the average inventory for passenger vehicles ranges from 33 to 35 days whereas average inventory for twowheelers ranges from 25to 28 days fada report saidalso read indian economy yet to revive from effects of pandemic disastrously handled by governmentthe latest editorial of the party mouthpiece peoples democracy said the budget for 202324 is to be presented before parliament at a time when both indian and world economies are facing a grim situationsee more details etauto published on feb 6 2023 at 0240 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app federation of automobile dealers association inflation automobile retail sales 2wheeler category ev fame2 subsidy passenger vehicle segment commercial vehicle category homenewsindustryauto retail sales grow 14 yoy in january 2023 fada