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17 Jan 2020  |  South Asia, Middle East & North Africa  |  Market Research

Light Vehicle Leasing Market in India, Forecast to 2023

Though Only 0.6% of Vehicles were Leased in 2018, Growth of the Fleet Leasing Market will be Driven by Rising Awareness of the Benefits of Leasing

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Fleet leasing is still an emerging market in India. The implementation of the Goods and Services Tax (GST) created uncertainty in the fleet leasing market dented growth rates through H2 of 2017 and 2018. Leasing companies are expected to educate their customers on the implications of GST and revive growth in 2019. Financial leasing is expected to g...