Domestic Auto Sector Strong Growth Ahead: Report

The domestic auto sector, especially the two-wheeler and tractor markets, is forecasted to experience strong growth from FY24 to FY27, with two-wheelers and tractors showing higher CAGR than wider industry trends, per Jefferies report. EV momentum an

By: Devdiscourse

Sep 07 2024
46
3380 Views

Domestic Auto Sector Strong Gr

The domestic auto sector, especially the two-wheeler and tractor segments, is set for robust growth, according to a Jefferies report. Over FY24-27, the sector is expected to achieve a compound annual growth rate of 14% and 10% respectively, outpacing... [1614 chars]