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India’s Passenger Vehicle Volumes Expected to Grow in FY27, Says Report

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New Delhi, Feb 17 (IANS) India’s domestic passenger vehicle (PV) volumes are expected to grow 4–6 per cent in FY27 supported by sustained demand momentum, even on a high base, a report said on Tuesday.The report from ICRA said two‑wheeler volumes are projected to grow 3–5 per cent YoY, and commercial vehicle volumes by 4–6 per cent.Entry-level motorcycle demand continues to face pressure due to higher vehicle prices and affordability constraints at the lower end of the consumer pyramid…