New Delhi, April 3 India's passenger vehicle industry is expected to see growth moderate to 4-6 per cent in FY27, largely due to the high base and evolving macroeconomic conditions, ratings agency ICRA said on Friday.For FY26, the industry is estimated to report wholesale volume growth of...
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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 commercial vehicle sector began the calendar year on a strong footing, with wholesale volumes recording a sharp year on year expansion in January, reflecting the impact of GST rationalisation and improving freight demand.January CV Wholesale Volumes Jump 27% YoY
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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...