India's automakers plan to launch 50 new models to spur demand

Move to fuel efficiency standards could prove a challenge in short term

Maruti India

India's automobile industry is hoping for a recovery in demand in 2020, thanks to the launch of new models and government measures to spur consumer spending. © Reuters

MUMBAI (NewsRise) -- India's automobile industry is expecting a recovery in demand next year, thanks to the launch of new models and government measures to spur consumer spending.

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