India's two-wheeler demand, which lagged behind passenger vehicles during FY21-23 due to the impact of the COVID-19 pandemic and rising regulatory costs, is now experiencing a resurgence.
This surge will be fuelled by investments amounting to around Rs 19,000 crore, including significant contributions from a new major player entering the market.
Projections suggest that this segment will continue its upward trajectory, growing at a compounded annual growth rate (CAGR) of 33 per cent to reach an impressive Rs 25,300 crore by FY27.
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