Emkay FY27 outlook favours two-wheelers, commercial vehicles over cars
Emkay's FY27 outlook sees two-wheelers and commercial vehicles outperforming passenger vehicles in India. September retail…
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In this short
- Two-wheelers and trucks lead FY27 outlook — Emkay expects these segments to outperform passenger vehicles in India's FY27 market.
- September retail momentum accelerated — Two-wheeler retail sales rose year on year in September 2026, according to reports citing Emkay.
- Heavy trucks posted stronger growth — Medium and heavy commercial vehicle retail sales rose about 50% in September.
- Cars may still grow steadily — The outlook is a relative ranking, not a prediction that passenger-vehicle sales will fall.
- Check the segment signals — Compare demand, fuel cost and route needs before treating a forecast as a buying decision.
- Get the full breakdown — Sources, numbers and what to watch next.