Crisil pegs auto sector growth at 22-24% in Q1 FY27, a top corporate driver
Crisil projects India's auto sector to expand 22-24% YoY in Q1 FY27, powered by GST rate cuts, robust PV (25%), CV (15%) and two-wheeler retail, plus 19-21% export growth. The sector is set to lead corporate revenue growth of 11-11.5%, up from 9.6% prior quarter.
Crisil projects India's auto sector to grow 22-24% YoY in Q1 FY27, driven by GST rate cuts, strong PV, two-wheeler and CV sales, and rising exports, making it a top contributor to corporate revenue growth.