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PREMIUMISATION IN CAR MARKET
Our operating leverage is kicking in: Peyush Bansal after Lenskart's 21% Q2 revenue riseBansal also spoke about the scope for Lenskart’s growth in India and overseas, the push towards premium products and the company’s long-ter...- Indian car buyers trade up selectively as CNG, EVs gain ground over fuel; SUV growth reshapes price ladderIndian passenger vehicle sales have shown a pronounced shift towards higher price bands and alternative fuel options. The ₹12 lakh-20 lakh ...
- Bigger car loans, longer tenures face rate-hike testIndian car buyers are increasingly taking out larger and longer loans to purchase higher-priced vehicles. This trend emerges as borrowing c...
- Wallet war: More new things are fighting for every rupee Indians earnIndian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of...
- India’s big upgrade wave: Rs 1 crore+ homes, premium cars, Swiss watches & pricier phonesPremiumisation trend is spreading beyond affluent urban consumers, with households upgrading across homes, cars, travel, smartphones, appli...
- Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...
- From luxury cars to watches: Why India’s wealthy are spending more on ultra-premium productsIndia’s luxury market is shifting from traditional status symbols towards products that offer craftsmanship, exclusivity, heritage and indi...
- Pernod Ricard blames weak US, Chinese markets for 26% profit fallPernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annu...
- Commercial vehicle loans post 20.1% five-year CAGR as used cars and auto premiumisation drive lending: reportCommercial vehicle loans will grow significantly over five years. Used car loans are the fastest-growing segment, formalizing credit access...
- Mid-size SUVs gain share in India as car buyers move to bigger vehiclesThe rise of mid-size SUVs is revolutionizing the passenger vehicle landscape in India, with buyers now placing a higher value on ample spac...
- Independence Day 2026: 79 years of an India on the rise as its households dream biggerIndependence Day 2026: Today's Indian consumers are transforming their financial habits, with a declining focus on food expenditure within ...
- India used car market expected to double to $70 billion in five years: ReportIndia’s used car market is projected to double to about $70 billion by 2031 from $35 billion currently, driven by rising affordability, sho...
- Entry-level hatchbacks decline for five years as SUV sales soar: ReportIndia's car market is changing. SUVs are now the top choice for buyers, surpassing hatchbacks. This shift is driven by people earning more ...
- Euro cars rev up for India's big shiftEuropean carmakers are revamping their strategies for India's evolving automobile market, which holds potential for premium growth. Despite...
- Premiumisation story may have peaked out in auto; bet on capital market theme: Dhananjay SinhaDhananjay Sinha of Systematix Group believes the premiumisation trend in the auto sector has peaked due to higher average selling prices an...
- Premiumisation in India's consumption continues unabated in first half of 2024In 2024, premium consumption sees growth despite slower car and smartphone sales. SUVs and Rs 10 lakh vehicle sales rose 13%, with Maruti S...
- Welcome to the great Indian indoorsThe pandemic underscored the need for larger spaces where family members could get on with their daily routines without getting in each oth...
- Where to find value or growth or both in the next two or three years? Sunil Subramaniam explains“As per capita income grows, we are already seeing the beginning of premiumisation in automotives, in housing. We are seeing high-end prope...
- High-end hits a high: From Scotch and soaps to SUVs and smartphones, demand for premium products is soaringThis was almost double what they consumed in 2020 — 39 lakh cases. It is not just Scotch that people are cheering. Between 2020 and 2022, I...
- Aditya Kondawar on pros and cons of Landmark Cars IPO“The company’s financials are good in the sense that they generate a good amount of free cash flow but on the other hand, when I compare FY...
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