Exports in April stood at 1,301 units as compared to 834 units in the year-ago month, a jump of 55.99 per cent.
"The industry is currently experiencing a slowdown due to uncertainty of general elections that looms over the market and this slow pace is expected to continue until the new government is formed," TKM Deputy Managing Director N Raja said.
Consumer sentiments have been dampened due to several factors like tight liquidity, high insurance, and high costs, he added.
On the outlook, he said,"we hope the sales growth momentum to pick up in the upcoming months post election results.
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