Author: Arvin Jayasuriya
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Indian Vehicle Imports Lose Ground as Japanese Brands Dominate Sri Lanka’s Car Market
The import of Indian-origin vehicles to Sri Lanka has declined sharply, according to the latest monthly vehicle registration review by J. B. Securities, marking a significant shift in market dynamics following the vehicle import ban. Prior to the ban, Indian vehicles dominated the local market, but that dominance has since eroded, the report noted. In the