Over 97 pc decline in malaria cases in India: Health Ministry
The Union Health Ministry on Wednesday disclosed that the number of malaria cases in India have declined by over 97 per cent.
The sales of passenger vehicle (PV) segment witnessed a decline for the second consecutive month in August. It fell by 1.8 per cent year-on-year (Y-o-Y) to touch 352,921 units.
As per the data released by the Society of Indian Automobile Manufacturers (SIAM), this follows a 2.5 pc decline in July 2024, marking a slowdown after the segment grew by 3% in the first quarter (April-June) of FY24.
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The two-wheeler segment posted a 9.3% growth in August 2024 compared to the same month last year, with sales reaching 1.71 million units.
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This comes after a 20.4% growth in Q1 and a 12.5% rise in July 2024, reflecting strong demand in the domestic market.
Further, the data said the three-wheeler segment also showed positive momentum, recording a 7.7% growth in August 2024 compared to its peak in August 2023, with sales hitting 69,962 units. In Q1, sales grew by 14.2% followed by a 5.1% growth in July.
SIAM Director General Rajesh Menon said, “In August 2024, the passenger vehicle segment de-grew by 1.8% compared to August 2023.”
“The two-wheeler segment posted a growth of 9.3%, while three-wheeler sales grew 7.7% Y-o-Y. Looking ahead, the festival season and government initiatives like PM E-DRIVE and PM-eBus Sewa are expected to boost demand,” he added.
Total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in August 2024 stood at 2.49 million units, the data said.
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