New Delhi, April 1 -- India's export growth shall remain positive for most OEMs despite a hit on Middle East exports and container availability issues, as per a report by Nuvama Institutional Equities.
"We maintain our constructive view on the automobile sector with healthy sales growth prospects for FY26-28E," the report said.
The wholesale uptrend is expected to continue in Mar-26 despite production constraints. This momentum is largely driven by enduring positive customer sentiments spurred by "better affordability, new products and adequate finance availability."
The two-wheeler industry is expected to witness domestic volumes growing in double digits, with a projected increase of over 15 per cent year-on-year. For March 2026 whole...
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