New Delhi January 9: The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company."We expect 2Ws and tractors to grow at strong 13 per cent and 15 per cent CAGR respectively over FY25-27E (FY25E: 12 per cent and 6 per cent)," says the report.The report added that the volume growth of passenger vehicles and trucks segment is expected to grow at a rate ranging from 5 to 8 per cent.
Pune, January 8: Auto maker Mahindra unveiled its state-of-the-art manufacturing and battery assembly facility at its Chakan plant, to producing next-generation Electric Origin SUVs.
Pune, Jan 8: Automaker Mahindra on Wednesday unveiled its new manufacturing and battery assembly facility at its Chakan plant, a fully integrated ecosystem dedicated to producing electric SUVs.
Pune, January 7: Mahindra & Mahindra has revealed the prices for the top-end Pack Three variants of its Electric Origin SUVs, BE 6 and XEV 9e, during its Unlimit India Tech Day event in Pune, Maharashtra on Tuesday.
Guwahati/Mumbai, Jan 7: Assam Chief Minister Himanta Biswa Sarma on Monday said that his meeting with top industrialists in Mumbai was successful and the state government is looking forward to hosting a good number of potential investors in the upcoming investment and infrastructure summit -- Advantage Assam in Guwahati in February.
Guwahati, January 5: Assam Chief Minister Himanta Biswa Sarma, on the second day of his Mumbai tour on Sunday, met Tata Trusts Chairman Noel Tata and his son Neville Tata, expressing gratitude for the Trusts' investment in Assam.
Mumbai, January 01: In a New Year 2025 letter to employees, Anand Mahindra, Chairman of Mahindra Group, shared his optimistic vision for India and reaffirmed the core values that have guided the conglomerate for nearly eight decades.
Mumbai, January 1: Automotive company Mahindra & Mahindra (M&M Ltd.) witnessed a 16 per cent increase in overall automotive sales, with 69,768 units in December, the company stated on Wednesday in its exchange filing.