The CareEdge Ratings report predicts the two-wheeler industry's volume growth in FY2025 to be 7-9 per cent, lower than the 9.8 per cent recorded in FY2024. Factors driving growth include increased Electric Vehicle sales, the Electric Mobility Promotion Scheme 2024, expected interest rate cuts in the second half of FY25, and strong demand for new model launches. Recovery in exports, a favorable monsoon, and improved rural consumer sentiment are also key growth drivers.
from Auto-Industry-Economic Times https://ift.tt/5mNhvuL
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