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The Economic Times
The Economic Times

Indian two-wheeler industry to see moderate growth at 3-5% in FY27: ICRA

ICRA

New Delhi: The Indian two-wheeler industry will witness moderate wholesale volume growth of 3-5 per cent in FY27, as the sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases, ratings agency ICRA said on Friday.

The country's two-wheeler industry continues to demonstrate resilience, supported by improving domestic demand, healthy retail momentum, and sustained export growth, ICRA said in its latest sector update.

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