Over FY25-27, Jefferies forecasted 2W and tractor volumes to grow between 13-15 percent CAGR, outpacing 5-8 percent forecast for PVs and trucks
Bajaj played down the stock price reaction after the results, saying the selloff was due to a 'some what temporary understanding' of how the festive sales were being captured.
FADA's assessment is reflects a far more optimistic outlook, with a target of 45 lakh units in this year's festive period, as compared to the sale of 38 lakh vehicles during last year's 42-day festive period.
Society of Indian Automobile Manufacturers puts blame on semiconductor shortage, increase in vehicle prices due to new regulations and other factors
Those in favour of a tax cut point to the strong backward linkages of the auto sector that would help in accelerating economic growth
In this edition of Big Story, Moneycontrol's Sakshi Batra finds out what a GST revision would mean for the two-wheeler industry and its impact on the government's kitty.