ICRA Projects Domestic Two-Wheeler Wholesale Growth of 6-9% for FY26
ICRA forecasts a 6-9% growth in domestic two-wheeler wholesale volumes for fiscal year 2026, driven by replacement demand, GST reductions and stable rural incomes. The positive market sentiment is expected to support volumes despite uneven retail sales patterns across different regions. This projection comes as the automotive sector continues to navigate post-pandemic recovery challenges while adapting to evolving consumer preferences and economic conditions.
What factors are driving the projected growth in domestic two-wheeler wholesales?
The growth is primarily driven by replacement demand, GST cuts and stable rural incomes, which are expected to support volumes despite uneven retail sales.
When is the projected growth period for domestic two-wheeler wholesales?
The growth projection is for fiscal year 2026 (FY26), according to ICRA's latest market analysis.
Who has provided the forecast for two-wheeler wholesale growth?
ICRA, a leading credit rating agency in India, has provided the 6-9% growth projection for domestic two-wheeler wholesales.
How might uneven retail sales impact the wholesale growth projections?
While retail sales remain uneven across regions, the wholesale growth is supported by structural factors like replacement demand and policy benefits that are expected to maintain momentum.
Where are the positive market conditions most apparent for two-wheeler sales?
The positive market sentiment is particularly evident in rural areas where stable incomes and GST benefits are driving demand, though urban retail patterns remain variable.
Location: Raipur - C.G.
Category: News, Automotive
