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The Growing Concern of Unsold Car Inventory in India: A 2024 Analysis

As of 2024, the unsold car inventory in India has reached alarming levels. Dealerships across the country are grappling with overcrowded lots and financial strains due to unsold stock. In recent years, India's automotive industry has faced a significant challenge: mounting unsold car inventory. As we delve into the situation in 2024, it's crucial to understand the reasons behind this issue, its effects on the industry and economy.