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Domestic tractor wholesale volumes likely to grow at 1-4% in FY27: ICRA
Tractor sales are set for modest growth this fiscal year. However, a below-normal monsoon forecast poses a risk to agricultural output and sales. Despite this, manufacturers' margins are expected to remain healthy. Strong farm cash flows and government support continue to underpin the sector. Industry growth may moderate due to an elevated base and potential El Nino conditions.
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economictimes.indiatimes.com
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Domestic tractor wholesale volumes likely to grow at 1-4% in FY27: ICRA
Tractor sales are set for modest growth this fiscal year. However, a below-normal monsoon forecast poses a risk to agricultural output and sales. Despite this, manufacturers'…
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Indian two-wheeler industry to see moderate growth at 3-5% in FY27: ICRA
India's two-wheeler sector anticipates a modest 3-5% wholesale volume growth in FY27, according to ICRA. While domestic demand and exports remain strong, challenges like a high…