India Auto Sector Growth to Slow in FY27 After Strong GST-Driven Expansion: ICRA ReportNew Delhi, March 27: India’s automobile sector is expected to witness a moderation in growth in FY27 after a strong expansion in FY26, largely driven by policy support such as GST cuts, improved...
India’s domestic passenger vehicle market is set to maintain steady momentum, with volumes projected to grow by 4 to 6 percent in FY27, according to a report released on Tuesday. The outlook signals sustained demand, even as the industry navigates a higher base and elevated inventory levels...