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ICRA forecasts 10-12% growth for Indian two-wheeler industry in FY2017

by Shourya Harwani Sep 27, 2016

With demand from rural India returning and the scooter sales boom already underway, the Indian two-wheeler industry is headed for notching 10-12% growth in 2016-17.




Tractor sales to hit historic high in FY2018: ICRA  

National by Autocar Pro News Desk Jan 03, 2018

While the tractor industry is on track to hit 12-13% growth in FY2018, over the long term, ICRA maintains a long-term CAGR estimate of 8-9 percent.

Commercial Vehicles

M&HCVs likely to post double-digit growth in FY17: ICRA

Commercial Vehicles by Kiran Bajad Apr 29, 2016

According to ICRA, the M&HCV segment is set to register growth of 13-15 % in FY17 aided by an uptick in demand, complete roll-out of BS-IV norms and improving...


India’s new PV safety norms present big opportunity for airbag makers: ICRA

Industry by Shourya Harwani Jun 06, 2016

Upcoming mandatory safety norms in India to see the country’s airbag market touching revenues of Rs 1,900-2,300 crore by FY2020.


Carburettor units to bid adieu with BS VI norms

Two-Wheelers by Amit Panday Jul 28, 2016

With BS VI emission norms coming in by 2020, the 2W industry will see mass replacement of conventional carburettor units by advanced electronic fuel injection...

Commercial Vehicles

Domestic CV industry likely to grow by 6-7% in FY2018: ICRA

Commercial Vehicles by Autocar Pro News Desk Nov 02, 2017

Pent-up demand after GST, replacement cycle in CVs and healthy demand for HCVs to drive sales. Bus sector though will likely fall by 10-12 percent due to fewer...