The Indian two-wheeler industry will witness moderate wholesale volume growth of 3-5 per cent in FY27, as the sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases, ratings agency ICRA said on Friday. The country's two-wheeler industry continues to demonstrate resilience, supported by improving domestic demand, healthy retail momentum, and sustained export growth, ICRA said in its latest sector update. The growth is expected to remain supported by improved affordability arising from GST rationalisation and replacement demand. Yet, ICRA said, "The sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases." Despite supportive domestic demand drivers, geopolitical tensions in West Asia remain a key monitorable, as any escalation could disrupt supply chains and impact industry cost structures, it added. Domestic wholesale

ICRA Ltd. is trading above its 50 day SMA of 5322.4

ICRA Ltd.

18 Jun 2026

5346.00

0.74%

West Asia conflict, El Nio threat to hit India Inc. earnings in Q1, says ICRA

Business Line

ICRA warned that the combination of higher crude oil prices and rupee depreciation could fuel inflationary pressures and constrain consumption-led sectors.India Inc. is likely to face slower revenue growth and weaker profitability in the first quarter of FY27 as the West Asia conflict, rising crude oil prices, rupee depreciation and the risk of an El Nio-induced demand slowdown create fresh headwinds for corporate earnings, according to rating agency ICRA.

ICRA Ltd. is trading above its 50 day SMA of 5322.4

Domestic tractor wholesales likely to grow at 1-4% in FY27, says ICRA

Business Standard | 17 Jun 2026

ICRA Ltd.

17 Jun 2026

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Company Update

ICRA Ltd - 532835 - Announcement under Regulation 30 (LODR)-Newspaper Publication

BSE India

Newspaper publication

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ICRA Ltd.

12 Jun 2026

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Company Update

ICRA Ltd - 532835 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

BSE India

Intimation of Schedule of Analyst/Institutional Investor Meetings

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ICRA Ltd.

05 Jun 2026

5346.00

0.74%

Company Update

ICRA Ltd - 532835 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

BSE India

Intimation of Schedule of Analyst/Institutional Investor Meeting(s)

pdf

ICRA Ltd.

04 Jun 2026

5346.00

0.74%

Separate framework needed for small-ticket insolvency cases before NCLT: ICRA

Business Line

The recommendation comes as nearly 78 per cent of ongoing corporate insolvency resolution process (CIRP) cases have exceeded the prescribed 270-day timeline