The festive season in the October has brought mixed trends for India's automobile industry, with passenger vehicles (PVs) and tractors showing signs of improvement while two-wheelers (2Ws) continue to trail expectations, according to a report by Nomura.
India's automobile industry recorded a strong rebound in September 2025, with wholesale volumes across all major vehicle segments surpassing expectations, according to a report by ICICI Securities. The demand revival came after the Goods and Services Tax (GST) reduction on September 22, whic
The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST) rate reduction, according to a recent report by Jefferies. The proposed tax rationalization, likely to be announced early next month is likely to bene
Union Budget raising the income tax exemption limit to Rs 12 lakh is expected to give a big boost to the demand of 2-wheelers (2Ws) and passenger vehicles (PVs) according to a report by the global brokerage firm Jefferies.
Mumbai (Maharashtra) [India], June 12 (ANI): A less severe economic impact from the pandemic's second wave and resilient buyer sentiment will support a swift rebound in India's automotive demand after curbs are eased, according to Fitch Ratings.
Mumbai (Maharashtra) [India], March 16 (ANI): India Ratings and Research (Ind-Ra) on Tuesday revised its outlook on the steel sector to stable for FY22 from negative.