Compressed Natural Gas (CNG) could continue to grow as an auto fuel in India, even as electric vehicle (EV) adoption gathers pace across key states, according to a recent report by Nomura.
Amid the ongoing tariff uncertainty by US President Donald Trump, businesses are likely to delay any new investment and this has the potential to trigger a global slowdown, according to a report by Nomura.
Consumer sector companies are unlikely to pass on the benefits of reduced raw material prices to the end customers and instead use this opportunity to improve their gross profit margins, according to a report by Nomura, a global financial services firm.
With higher tariffs on Chinese imports set to raise vehicle prices in the US, global automakers are likely to turn to alternative suppliers like India, said Nomura in its latest report.
India's auto component industry is expected to face only a limited impact from the potential reciprocal tariffs proposed by US President Donald Trump on auto industry, according to a report by Nomura.
India is considering reducing tariffs on more than 30 items and increasing its purchases of US defence and energy products to prevent higher reciprocal tariffs from the United States, according to a report by Nomura
The two-wheeler (2W) segment, however, could see some relief as weak domestic demand may be offset by stronger export recovery. Meanwhile, the tractor industry, projected to grow at 7 per cent y-o-y, may witness an upside if healthy demand traction continues.
The penetration of electric cars in India is projected to rise significantly, reaching 9 per cent by FY30 from the current 2 per cent, according to a report by Nomura. This shift is part of the country's broader transition toward sustainable and eco-friendly mobility solutions.
In the second quarter, many FMCG and retail companies witnessed the heat of sluggish consumption, which was even visible on their balance sheets. Going further, the anticipation is that the third quarter of the current fiscal year will not bring much respite, and consumers' purchasing power
The consumer durables industry in the country is expected to witness weak growth in FY26 due to slowing consumption demand, according to a report by Nomura.