FADA backs multi-fuel strategy as rural PV growth outpaces urban, dealer inventory stays elevated
FADA president CS Vigneshwar frames a multi-fuel path (E20, flex-fuel, CNG, EV) as crucial for India's auto growth. Rural passenger-vehicle retail rose ~30% YoY vs ~19% urban, while PV inventory sits near 30 days against a 21-day benchmark. Delhi EV Policy 2.0 and grounded festive optimism shape the near-term outlook.
FADA president discusses Delhi EV Policy 2.0, multi-fuel mobility strategy (E20/flex-fuel/CNG/EV), rural PV growth outpacing urban, elevated dealer inventory (30 days), and grounded festive-season optimism for two-wheeler and passenger vehicle auto retail in India.
Why this matters
FADA's multi-fuel push follows India auto retail rising 10% to 2.53M units in May on rural demand and EV PV retail jumping 81.2% YoY, reinforcing a broadening powertrain mix.
Retail-company signals are accelerating, up +541000% QoQ.