Sales assistants are reflected in the side mirror of a sport-utility vehicle at a dealership in Faridabad, Haryana, India. (Photographer: Graham Crouch/Bloomberg)
Retail sales of cars and two-wheelers rose, and inventory fell in October as deep discounts lured buyers to showrooms during the festive season, according to a BloombergQuint survey.Demand mainly picked up from the second half of Navratri, or the nine days leading to Dussehra, considered auspicious for buying, the survey of nine large dealerships across India revealed.“The third quarter, which is the best quarter for the industry, ha...