The Indian passenger vehicles industry will advance to record sales, with national and export volume that accounts for 5 million units this prosecutor.
According to Crisil, even when the annual growth rate decreases to 2-4 percent, it will mark the fourth consecutive year of record sales, with a significantly easy impulse of a 25 percent increase in fiscal year 2023 after the pandemic.
Public service vehicles will boost the growth of the volume of this fiscal assistant for new launches, relieving interest rates, the increase in the adoption of CNG and rural tail winds.
“As volume growth slows down, original equipment manufacturers (OEM) will depend on premiumization and a better combination of products to protect margins. The costs of softest input Crisil
The cash flows and the surplus of robust cash will allow the OEM to finance the Alto CAPEX, while maintaining strong balances and stable credit profiles.
UVS to lead
“The growth of passenger vehicles will moderate this prosecutor at 2-4 percent, but the UV will continue to browse with almost 10 percent growth, backed by new releases. With UVS contributing to 68-70 percent of the volumes and the volume and aggression of the next driving of a monsoonon and reduction of more above the interest rates above the interests of interest, I should improve the demand for the demand for the demands of interest. Input, “said Anuhi, the senior director, Christyl above normal interest rates.
The export growth of passenger vehicles moderates is expected to 5-7 percent in fiscal year 2026 due to winds against global. 25 percent of the US rate, as of June 2025, raises a limited risk since the US.
“The CAPEX PV is expected to remain raised to almost ₹ 30,000 million rupees this prosecutor as the OEM increases the capacity, accelerate EV investments and drive the location and digital updates despite the slowed growth,” said Poonam Upadhyay, Crisil’s rating.
Posted on April 25, 2025
