FY2025

Expect commercial vehicle volumes to witness 4-7 pc dip this fiscal: ICRA

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Expect commercial vehicle volumes to witness 4-7 pc dip this fiscal: ICRA

Hit by a high base of last year and weakness in demand, the domestic commercial vehicle industry is expected to witness a dip of 4-7 per cent in wholesale volumes in the current fiscal as compared to FY23, rating agency Icra said on Friday. The medium and heavy commercial vehicle (trucks) volumes are expected to … Read more

Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra

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Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra

Domestic tyre sale volumes are expected to see a moderate growth of 4-6 per cent this fiscal after witnessing an estimated pace of 6-8 per cent in the previous financial year, ratings agency Icra said on Thursday. This growth in the last fiscal was driven by factors such as elevated base and subdued growth in … Read more