Two-wheeler volumes to grow 6-9% in FY26 on GST-led replacement demand - Business Standard

Domestic two-wheeler wholesale despatches are likely to clock 6-9 per cent year-on-year (Y-o-Y) growth in FY26, on the back of stronger replacement demand, post goods and services tax (GST) cuts, pickup in urban consumption and healthy rural incomes supported by a normal monsoon, according to rating agency ICRA. Wholesale volumes rose sharply by 19 per cent Y-o-Y to 1.8 million units in November 2…