India's two-wheeler sales surge as manufacturers see double-digit growth amid rising EV investments.

India's two-wheeler manufacturers are expected to see double-digit growth this fiscal year, according to a Crisil Ratings report. While overall auto component sector growth is slowing to 6%-8%, profitability is expected to stay around 12-13% due to cost savings and better pricing. Companies are investing more in electric vehicle components and capital spending is rising, mostly funded by cash, limiting debt reliance.

4 months ago
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