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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.




Tyre industry to grow around 10% in FY2018: ICRA

Industry by Autocar Pro News Desk Mar 05, 2018

ICRA foresees strong growth in the Indian tyre industry on the back of pick-up and robust growth across all industry sub-segments.


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...


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...


Domestic tyre industry to see 6-7% volume growth over next three years: ICRA

Industry by Autocar Pro News Desk Jul 04, 2016

Research agency ICRA says an uptick in rural expenditure along with a good monsoon would translate into higher OEM demand for the rural-centric two-wheeler and...