Bharat Express

Rural Demand

Indian scooter industry saw record sales of 68.53 lakh units in FY2025, a 17% growth, driven by rural demand & strong electric scooter sales.

ICRA forecasts passenger vehicle sales in India to grow by 4-7% in 2025-26, with most demand factors remaining neutral or favorable.

RBI's February bulletin forecasts a strong economic performance in the second half of FY25, fueled by promising high-frequency indicators.

The growth of 6.2% in India's GDP for the December quarter of fiscal 2025 is projected as per RBI's latest report.

Credit rating agency ICRA has revised its growth outlook for two-wheeler wholesale volumes to 11-14% in FY25, driven by steady replacement demand and improved rural incomes after healthy monsoon precipitation

The April-September period saw 2W sales grow by 9.08%, 3W by 7.58%, and passenger vehicles (PVs) by 1.07%. However, consumer vehicles (CV) and tractor sales dropped by 0.65% and 8.82%, respectively