Auto
Two-wheeler makers brace for slowdown as rural demand weakens
Hero MotoCorp, TVS Motor and Bajaj Auto expect growth to moderate in the second half of FY27 after healthy double-digit gains in the first six months. Hero and TVS see single-digit growth in Q3, down from about 18-20% in Q2, citing a high base from last year's GST cut, weaker rural demand and price hikes. FADA said Navratri two-wheeler retail dipped about 3%.
This summary is based on reporting by ETAuto.
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