💨 Abstract
The Jefferies report predicts a compounded annual growth rate (CAGR) of 13-15% for two-wheelers (2Ws) and tractors between FY25-27, outpacing passenger vehicles (PVs) and trucks. This is a recovery from recent years when 2W demand lagged due to pandemic disruptions and increased costs. Tractors are also projected for cyclical recovery.
Courtesy: theprint.in
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