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Renewed wave of private investments likely in 2025-26: CRISIL MD&CEO Amish Mehta
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IndiaLinkedinTwitterFacebookAmish-mehtaAccording to a report by Crisil, two-wheeler sales in India are expected to see significant growth between 2023 and 2028, with a compound annual growth rate (CAGR) of 9% to 11%. This would result in a total of 25.9 million to 26.1 million units sold during this period. The report also predicts that sales will almost double by FY32, reaching 30.7-30.9 million units. The growth is attributed to factors such as improving income levels, customer sentiments, and the increasing need for personal mobility.
IndiaAmish-mehtaTwo-wheeler-salesAutomobile-companiesCrisilRoad-infrastructurePassenger-vehicles