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ICRA TRACTOR REPORT
A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...- Weaker monsoon prediction, Iran war cloud growth outlookIndia's rural economy is faced with potential challenges. A weaker monsoon and rising farm costs from the Iran war could impact growth this...
- India's passenger vehicle sales may moderate to 4-6% in FY27: ICRAIndia's passenger vehicle industry growth is projected to moderate to 4-6% in FY27 after an estimated 7-9% rise in FY26, driven by a high b...
- Domestic 2-wheeler sales growth estimated at 6-9% in FY26: ICRAICRA forecasts a 6-9% growth in India's two-wheeler sales for FY26, spurred by GST rate reduction, steady replacement demand, urban recover...
- Tractor industry volumes likely to grow 4-7% in FY26: ICRAIndia's tractor industry anticipates growth. Icra forecasts a 4-7 percent volume increase for fiscal year 2026. This growth is supported by...
- Tractor sales in India likely to see 4-7% growth in FY26: ICRATractor sales in Bharat are expected to grow moderately in 2025-26. ICRA forecasts a 4-7 percent increase due to a favorable monsoon. This ...
- Indian economy likely grew at a 4-quarter low in Q4: ICRAEconomists predict India's economy to grow at a four-quarter low of 6.7% in Q4FY24. The growth in 3 FY24 was 8.4%. Agricultural GVA is like...
- Happy Forgings plans up to Rs 1,200 crore IPOHappy Forgings is now the largest supplier of forged and machined components to the automotive industry's commercial vehicles and tractor s...
- Domestic automotive industry expected to grow at high single-digit rates in FY24: IcraCategory-wise, passenger and commercial vehicle volumes could see a growth of 6-9 per cent and 7-10 per cent, respectively, the two-wheeler...
- 'Auto ancillaries' revenue may grow 8-10% in FY23 on stable demand, easing supply-chain woes'In last fiscal year, 31 auto component companies with cumulative revenues of over Rs 1,75,000 crore had registered a 23 per cent year-on-ye...
- Chip shortage to shave off 500k units from car firms' sales booksIf not for the supply chain issues, the industry would have this year crossed its previous peak annual sales of 3.4 million units seen in F...
- Half a million fewer cars to be sold this year due to semiconductor shortage, says ICRAThe semiconductor crisis peaked in September, when an estimated 120,000 units sales was lost, as per a presentation from ICRA. While the su...
- Stocks in the news: Vodafone Idea, Escorts, CAMS, Ruchi Soya and MacrotechThe debt-ridden telecom operator Vodafone Idea is evaluating the option of converting interest dues arising out of the deferment of statuto...
- Second wave of pandemic derails recovery momentum of domestic auto industry: ReportThe second wave of the pandemic in the country has derailed the recovery momentum of the domestic auto industry, which was poised for a com...
- Tractor sales hit all-time high last fiscal; Sonalika registers highest 42% growthSonalika’s growth surpasses the industry growth of 27% as the company recorded an annual sales volume of 1,39,526 tractors in FY21.
- Tractor sales expected to post 9% growth this fiscal on demand pick-up: ReportFarm sentiments are expected to remain healthy, aided by healthy farm cash flows across regions and stable crop prices, supported by enhanc...
- Dalal Street’s next move hinges on 4 things about domestic economyRahul Singh says answers to four basic questions will help investors make relatively more accurate guesses in the day ahead.
- Indian Securitisation Market grew 45% to around Rs 25,000 crore in FY2016Indian Securitisation market grew by 45% to around Rs 25,000 cr in FY2016, a reversal of past three years’ trend.
- NBFC retail credit to grow 18 per cent this fiscal: StudyAccording to domestic credit rating agency, ICRA, the tractor segment could witness a dampening of growth as lenders remain cautious in lig...
- Should investors buy auto stocks after disappointing April sales?Shares of auto companies have been moving up since February and the BSE Auto Index has surged over 15% since beginning of February.
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