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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.
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Las ventas de dos ruedas de la India aumentan mientras los fabricantes ven un crecimiento de dos dígitos en medio del aumento de las inversiones en vehículos eléctricos.