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Nifty Auto surged 75% in FY24. Will FY25 follow a similar trend? Between passenger vehicles (PVs), commercial vehicles (CVs), and two-wheelers (2W), which segment will lead? Here s what experts believe. ....
India s Passenger Vehicles (PV) segment is expected to achieve a record 18-20% growth in the current fiscal year, with a continued upward trend in the next fiscal year, according to a report by CareEdge. The growth is attributed to a strong order book, improved supply chain, robust demand for new model launches, and increasing demand in the Utility Vehicles (UVs) segment. ....
Domestic brokerage house Motilal Oswal stated that it has shifted focus towards 2Ws amid the initial PV slowdown. Moreover, MHCVs (medium and heavy commercial vehicles) remain stable, it added. ....
EV battery Components Factory: Mumbai-based Epsilon will generate more than 1,500 direct and indirect jobs at this new facility. The facility is expected to be commissioned by 2026 ....