Auto Sector Outlook: Two-Wheelers, Passenger Vehicles to Outperform in FY27E
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Two-wheelers, Passenger Vehicles to Outperform Industry Expectations with 8-10% Growth in FY27E: ICICI Report
Get latest articles and stories on Business at LatestLY. For FY27E, Two-wheelers (2Ws) and passenger vehicles (PV) space is expected to outperform with industry players guiding for positive 8-10 per cent volume growth. The projection comes on the back of broad-based sales acceleration across segments, according to a research report released by ICICI Direct. Business News | Two-wheelers, Passenger Vehicles to Outperform Industry Expectations with…
Auto companies reported strong volume growth in August 2026. Companies like Bajaj Auto, TVS Motor, Tata Motors, and Maruti Suzuki performed well.
According to the ICICI Direct report, the Indian automotive sector is expected to grow by 8-10% in two-wheeled and passenger vehicles in FY27. Double-digit growth was seen across all categories in August 2026; Bajaj Auto grew by 30%, and Tata Motors PV by 56%. Strong figures were also recorded in the commercial vehicles and tractor segments.
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