India’s two-wheeler segment to grow 6-9 pc in FY26

The domestic two-wheeler segment is expected to register a 6-9 per cent year-on-year volume growth in the current fiscal, according to rating firm ICRA. The growth is likely to be supported by steady replacement demand, recovery in urban consumption, healthy rural incomes aided by a normal monsoon, and a possible reduction in GST rates, which could provide an additional boost. The industry outlook for FY2026 remains positive, with exports continuing to gain momentum, reporting a healthy 32% year-on-year growth in July, said a report.

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