An car dealership in Faridabad, Haryana, India. (Photographer: Graham Crouch/Bloomberg)
India’s prolonged auto slowdown hasn’t hurt one of the largest dealers of cars, motorcycles and scooters in the country. In fact, sales spiked.The Canteen Stores Department, which runs 4,500 outlets nationwide, reported nearly Rs 5,940 crore revenue through automobile sales in the year ended March, according to a senior official who didn’t want to be identified as the numbers are not public. That’s a 40 percent jump from around Rs 4,...