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However, the average order value declined by 5 per cent in Q4 2020 as compared to same period last year, said the report by Unicommerce, an e-commerce focused supply-chain software-as-a-service

The highest growth in exports has been observed in the engineering goods which is 18.7 per cent YoY amounting to $1.2 billion.

As per the data, dealer inventory continues to fall with personal vehicles' inventory ranging from 15-20 days and two-wheelers' inventory from 30-35 days.

Accordingly, the report cited a YoY volume growth of 0.3 per cent, price growth of 5 per cent and products launches at 3.1 per cent during December 2020.

Homes priced over Rs 50 lakh made up around 57 per cent of the total sales during H2 2020.

"Such companies are likely to have reduced cost of steel production by around Rs 1,800 per tonne YoY in 2HFY21, supported by the reduced cost of coking coal per tonne of around Rs 7,300," Ind-Ra said in a report.

This is the highest ever October shipments and the second highest for a month, following 23 million units in September 2020, an all-time high for a single month, said the report.