Saturday, February 17, 2024

Expect two-wheeler industry to see double-digit revenue growth next fiscal, says Hero MotoCorp CEO

Hero MotoCorp CEO Niranjan Gupta expects double-digit revenue growth in the domestic two-wheeler industry next fiscal. Demand for premium models, feature-rich trims, digital inclusion, the hospitality industry, entry level segment, rural areas, sales outlets, and the Harley-Davidson partnership are all expected to perform better.

from Auto-Industry-Economic Times https://ift.tt/3wi9vM8

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More sops to boost scrapping of old vehicles in works

India plans to extend more incentives for scrapping old vehicles due to poor response from owners. A review of the vehicle scrapping policy ...