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Cong cites auto sales figures, claims most Indians locked out of consumption economy


//automotive-transportation.news-articles.net/co .. t-indians-locked-out-of-consumption-economy.html
Published in Automotive and Transportation on Wednesday, May 28th 2025 at 6:41 GMT by ThePrint   Print publication without navigation

  • New Delhi, May 28 (PTI) Flagging reported drop in the share of passenger cars in the overall auto sales, the Congress on Wednesday claimed that it points to a state of the economy where most Indians are locked out of the consumption economy, there is growing inequality, stagnant incomes and weak investment. Congress general secretary [ ]

The Congress party in India has criticized the government's economic policies by citing a decline in automobile sales, particularly in the entry-level segment, to argue that most Indians are being excluded from the consumption economy. According to Congress spokesperson Gourav Vallabh, data from the Society of Indian Automobile Manufacturers (SIAM) shows a significant drop in sales of two-wheelers and entry-level cars, suggesting that the purchasing power of the average Indian has diminished. Vallabh contrasted this with an increase in luxury car sales, indicating a growing economic disparity. He accused the government of failing to address unemployment and inflation, which he claims are driving the economic divide. The party demands that the government take immediate action to boost the economy and support the middle and lower-income groups.

Read the Full ThePrint Article at:
[ https://theprint.in/india/cong-cites-auto-sales-figures-claims-most-indians-locked-out-of-consumption-economy/2639668/ ]

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