💨 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

Summarized by Einstein Beta 🤖