BS-VI transition to weigh on growth prospects! The domestic 2-W segment is poised at an interesting juncture. Existing channel inventory remains abnormally high (~60 days as per latest available FADA release) despite intensely competitive pricing environment during the ongoing festive period. The upcoming changeover to BS-VI emission controls from April 2020 complicates matters further. Soon, industry efforts would be concentrated towards de-stocking BS-IV vehicles and accelerating BS-VI model rollouts. The new norms would result in ~10% increase in 2-W...