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One Of India’s Largest Auto Dealers Has Beaten The Slowdown
India’s largest non-profit retailer generated nearly 30 percent more revenue in the year ended March by selling automobiles.
17 May 2019, 12:39 PM IST
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,...
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