The Indian auto industry continues to see divergent volume trends across segments. We estimate that May wholesales, versus 2019, grew 22% for PVs, 39% for tractors and 4% for trucks, but fell 28% for 2Ws. TTMT stood out with wholesales 82%…
The Indian electric mobility industry has taken a flight. With 100% FDI, new manufacturing hubs roping in, the industry has picked up a good pace. The federal subsidies and policies have been favouring the made in India electric vehicles at…