FY25 auto growth will be moderate; pent up demand for personal mobility dries up: Ind-Ra

By: India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the auto sector for FY25, forecasting a moderate domestic sales volume growth rate of 6%-9% as against 12%-14% growth in the previous fiscal. The personal-mobility segments namely passenger vehicles (PVs) and two-wheelers (2Ws) would continue to grow, though at moderated rates, driven by…

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