India’s Passenger Vehicle & Two-Wheeler Sales Set For Modest Growth In 2025-26
ICRA forecasts passenger vehicle sales in India to grow by 4-7% in 2025-26, with most demand factors remaining neutral or favorable.
Automakers To Offer Discounts On New Vehicles For Scrapping Old Ones: Nitin Gadkari
Prime Minister Narendra Modi launched the National Vehicle Scrappage Policy in August 2021. The policy, effective since April 2022, offers up to a 25% tax rebate on road tax for vehicles bought after scrapping older ones
