Tag: icra two wheelers

ICRA projects a 6–9% rise in two-wheeler sales in FY2025–26, driven by replacement demand, urban recovery, and rural income growth. GST rate cuts and the upcoming festive season are expected to give an additional push to sales. July 2025 saw 9% wholesale growth to 1.5 million units, though retail sales dipped 6.5% due to weak…