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  • [ 8th November 2021 ] Mr. Venu Srinivasan, Chairman TVS Motor Company, awarded Padma Bhushan for his contribution to the field of trade and industry 2 Wheelers
  • [ 12th March 2021 ] Ather Energy begins Retail Operations in Kochi 2 Wheelers
  • [ 12th March 2021 ] Isuzu Motors India opens a new Service Facility in Mumbai Commercial Vehicles
  • [ 12th March 2021 ] Ford India’s Latest EcoSport SE Ad Campaign Features A Quirky Take On Twin Sibling Relationships Ads & Marketing
  • [ 11th March 2021 ] Tata Motors unveils the Ultra Sleek T-Series range of new-generation, smart trucks Commercial Vehicles
HomeICRA Report

ICRA Report

Auto Components

Growth levers for auto component industry intact, but commodity prices continue to play spoilsport: ICRA

8th September 2017 Jas 0

The domestic auto component industry is expected to grow by 9-11% during FY2018e driven by robust growth in domestic  passenger vehicles (PV) and two-wheelers (2W) segment as well as stable replacement demand. The revenue growth […]

2 Wheelers

Demonetisation effect wearing off; two wheelers on recovery path: ICRA

5th June 2017 Jas 0

The two wheeler segment is on a demand recovery path after encountering bumps in the past five months due to post-demonetisation liquidity crisis; and inventory correction measures undertaken by OEMs for the transition from BS […]

India

GST Rate tax neutral for the tractor industry : ICRA

29th May 2017 Jas 0

The recently finalised Goods and Services Taxes (GST) for the tractor industry is largely in line with expectations and the overall tax incidence for the industry remains neutral. While tractors are exempt from excise duty, […]

Commercial Vehicles

CV export sales to touch 160,000 units by FY 2020 : ICRA

6th April 2017 Jas 0

Domestic CV industry growth has moderated from 11.5% in FY 2016 to 3.5% in 11m FY 2017   M&HCV (Truck): Likely to witness 6-8% growth in FY 2018 vis-à-vis flat sales in FY 2017   […]

India

Domestic volumes increase by 18.2% in April-January FY2017; exports volumes remain flat : ICRA

4th April 2017 Jas 0

·         Tractor volumes in domestic market reported a positive growth trajectory during current fiscal (growth in volumes of 18.2% in 10m, FY2017 on a YoY basis) fuelled by favourable farm sentiments as southwest monsoon performance […]

Commercial Vehicles

CV OEMs would continue to have sizeable capital expenditure plans to the tune of Rs. 31-33 billion p.a : ICRA

28th March 2017 Jas 0

·         As per ICRA, the total inventory of CV OEMs is estimated to have been approximately 74K units, which is around 1.3x the average monthly sales   ·         Within the M&HCV (Truck), the growth has […]

2 Wheelers

ICRA: Indian Two Wheeler Industry limping back to normalcy post demonetization

10th March 2017 Jas 0

Demonetisation and the resulting liquidity crisis resulted in volume compression of 11.3% during Nov’16-Jan’17 over the corresponding previous. Furthermore, with BS-IV emission norms coming into effect from Apr’17, there have been some inventory correction taking […]

India

Industry reported growth of 6% during Q3 FY2017 despite demonetization impact; headwinds from steady increase in commodity price : ICRA

1st March 2017 Jas 0

Steady increase in commodity prices a concerning factor for auto component industry profitability Demonetization impact short lived; industry to recover fully by March 17 PV and M&HCV production grew by 11.8% and 4.2%, respectively despite […]

Commercial Vehicles

ICRA Pre-buying ahead of BS IV remains key demand driver in the current quarter

18th January 2017 Jas 0

After a healthy growth in the first quarter, the commercial vehicle (CV) industry suffered due to weak replacement demand and deferment of purchase by fleet operators on uncertainty related to impact of GST on vehicle […]

India

Indian turbocharger industry to grow at CAGR of 14% during FY2016-FY2020e – ICRA Report

2nd November 2016 Jas 0

ICRA expects market potential for the domestic turbocharger industry market to grow to Rs 2,600-2,800 crore by FY2020, registering CAGR of 14% during FY16-FY20. While volume growth could be modest at around 8-9% CAGR, value […]

Posts pagination

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  • Mr. Venu Srinivasan, Chairman TVS Motor Company, awarded Padma Bhushan for his contribution to the field of trade and industry

    8th November 2021 0
  • Ather Energy begins Retail Operations in Kochi

    12th March 2021 0
  • Isuzu Motors India opens a new Service Facility in Mumbai

    12th March 2021 0
  • Ford India’s Latest EcoSport SE Ad Campaign Features A Quirky Take On Twin Sibling Relationships

    12th March 2021 0
  • Tata Motors unveils the Ultra Sleek T-Series range of new-generation, smart trucks

    11th March 2021 0
  • Aprilia SXR 160 launched in Nepal

    11th March 2021 0
  • This International Women’s Day, Honda 2Wheelers India empowers 2,000+ women on road safety

    10th March 2021 0
  • Ford Introduces New EcoSport SE Featuring Global Design Cues at INR 10.49 Lakh

    10th March 2021 0
  • Tata Motors launches ‘Wheels of Love’, a holistic programme to support parenthood

    10th March 2021 0
  • Atul Auto launches its all new Nxt Gen, Atul RIK CNG Autorickshaw

    10th March 2021 0

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