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Domestic commercial vehicle wholesale volumes to grow 4-6% in FY27: Icra
The domestic commercial vehicle industry's wholesale volumes are expected to register moderate growth of 4-6 per cent year-on-year this fiscal, ratings agency ICRA said on Friday. The broadened base effect in the second half of the previous financial year is likely to result in a year-on-year contraction in volumes in H2 FY27, ICRA said. This is despite a strong 30.7 per cent year-on-year growth in wholesale volume in August this year, while retail volumes rose 20.1 per cent year-on-year, ICRA …
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