Retail sale, however, has increased due to excessive rainfall and some shopping suspension linked to GST rate reduction; It states that a crop-up is expected during the upcoming festival season.
The ICRA further said that the two-wheeler’s domestic volume will increase by 6-9 percent in the financial year 16.
“This projection is expected to demand a steady replacement, the expected urban demand recovery, the healthy rural income run by the general monsoon and the recent GST rate deduction, which is expected to be affordable and promoted.”
In the electric two-wheeler section, the rating agencies have said that in August 155, the minor volumes are at 1,4,7,725 units, with an increase of 8.8 percent, with admission to 6-7 percent. On the tractor segment, the ICRA said that the recent GST rate on the tractor is expected to be reduced by 5 per cent, especially during the upcoming festival season. In August 155, the wholesale volume has recorded a significant increase of 5.2.5 percent of the yois, and the total growth of the yois of 5.7 percent in the first five months of FYT26 was recorded.
The ICRA said, “The tractor volume estimates are estimated at moderate speed in the year 226. This growth is determined on the basis of general monsoon, which is expected to support agricultural production,” the ICRA said.
It further states that, “The early monsoon due to the onset of September 17, 2025, the country has received rainfall by 108 percent of the long -term average.
As a result, the demand for tractors remained strong in August, with retail volumes increased by 30.1 percent. Positive farmers’ feelings and enough rainfall. ”
The industry is expected to buy a potential pre -purchase before the proposed TRAV emission criteria for the implementation of April 1, 22nd.