2-wheeler sales expected to dip by 8-10% this fiscal year - Check factors
Two-wheeler sales volume is expected to dip by 8-10 per cent this fiscal year due to factors like sluggish rural demand, low festive-season sales, higher prices, and deferred purchases as consumers eye electric vehicles, Crisil Ratings said on Thursday.
Three consecutive years of decline will take two-wheeler sale volumes back to the fiscal 2014 level. Pic: Reuters