Primus In News
3W makers may clock 7% growth in FY26
19-11-2025
Anurag Singh, Advisor, Primus Partners, highlights that key drivers such as last-mile connectivity, rising demand in Tier-2 and Tier-3 cities, and growing small-load movement remain strong. He expects H2FY26 growth at 5–6%, with the full year likely around 7%. Passenger three-wheelers continue to lead, while the goods segment grows faster due to short-haul logistics. Exports are stable, and FY26 began stronger than usual, with festivals boosting sentiment. Electric three-wheelers have long-term potential, though near-term sales may soften.
Explore Related Insights
- Auto component makers fear US tariffs will hit their revenues
- Economic Survey 2024-25 highlights need for reskilling as AI reshapes India’s labour market
- Driving sustainability: Bengaluru-based Moonrider powers rural India with next-gen electric tractors
- India's DPI figures in global conversations around inclusive, scalable infrastructure: Experts
