The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company.
Analysts project a mixed performance with two-wheeler (2W) volumes showing resilience, while passenger vehicles (PVs) and commercial vehicles (CVs) are expected to see slight declines. Tractor volumes are likely to remain flat during this period.
Mumbai (Maharashtra) [India], February 5 (ANI): Mahindra & Mahindra Ltd on Friday reported a consolidated profit after tax of Rs 704 crore in Q3 FY21, marking a year-on-year jump of 252 per cent.
Mumbai (Maharashtra) [India], Aug 28 (ANI): Wholesale volumes are estimated to grow at 3.6 per cent for two-wheelers and 16 per cent for passenger vehicles in August on account of sustained demand and inventory refilling, according to a report released by Motilal Oswal Financial Services on