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India's two-wheeler sales to grow 8-9% annually, fueled by lower taxes, better roads, and high demand for affordable transport.
India's two-wheeler industry is projected to grow at an 8-9% compound annual growth rate long-term, driven by the GST rate cut, improved infrastructure, and strong demand for affordable personal mobility.
TVS Motor's CEO KN Radhakrishnan expects robust sales growth in the next fiscal year’s first half, with Q4 potentially reaching over 15% growth, following a 2% rise in the first half of FY26.
He cited better road connectivity, weak public transport, and India’s large self-employed workforce as key factors supporting sustained demand.
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Las ventas de vehículos de dos ruedas de la India crecerán un 8-9% anual, impulsadas por impuestos más bajos, mejores carreteras y una alta demanda de transporte asequible.