India, Aug. 1 -- The Indian automobile industry is seeing a change in consumers' tastes and preferences, as the demand for high-end bikes, electric two-wheelers, and utility vehicles is gaining momentum. With stiff competition continuing in both the two-wheeler and passenger vehicle categories, an improvement in demand in certain segments has created new avenues of growth. In this context, Jefferies has provided its recent thoughts on the industry, mentioning the stocks that it sees as benefiting from the changing dynamics of the industry.

Demand Is Shifting Towards Premium Bikes and EVs Changing consumer taste in the two-wheeler segment is seeing preference for premium motorbikes and EV's. This change is giving manufacturers who have a...