Primus Partners

Auto industry’s ability to hike prices will be lower in FY25 but value growth to be strong: Primus Partners

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Auto industry’s ability to hike prices will be lower in FY25 but value growth to be strong: Primus Partners

Mumbai: Automakers will have less of a pricing power this fiscal owing to a muted demand. As a result, the average price increase is expected to be 4% to 5% this fiscal as against 8% in fiscal 2023-24, according to Primus Partners, a management consulting firm. However, even as the volumes are expected to be … Read more

Indian automobile industry grows 19 pc to Rs 10.22 lakh cr in FY24: Report

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Indian automobile industry grows 19 pc to Rs 10.22 lakh cr in FY24: Report

Mumbai: The Indian automobile industry grew 19 per cent to Rs 10.22 lakh crore in FY24 driven by a robust growth in the utility and sports utility vehicle (SUV) segment, a report said on Wednesday. The volume grew by 10 per cent during the year, the report by management consulting firm Primus Partners said. A … Read more