Auto
Tyre industry to see 7-8% revenue growth this fiscal year on replacement demand: Report
The Indian tyre industry is poised for a 7-8% revenue growth this fiscal year, primarily fueled by replacement demand. While OEM offtake might be subdued, premiumisation will support realisations. However, trade tensions and potential dumping by Chinese producers pose challenges. Operating profitability is expected to remain steady, ensuring a stable credit outlook for the sector.
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Auto News
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- Govt begins formulation of Automotive Mission Plan 2047 to establish India as global auto leader
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Cars & UVs
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Two wheelers & three wheelers
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LCV & HCV
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Tyres
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