India's passenger vehicle industry growth is projected to moderate to 4-6% in FY27 after an estimated 7-9% rise in FY26, driven by a high base and evolving economic conditions. Utility vehicles dominate sales, with alternative powertrains aiding demand diversification. Tractor industry growth is also expected to slow to 1-4% in FY27 after a strong FY26.
from Auto-Industry-Economic Times https://ift.tt/8NJMlyt
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