BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
IDBI Capital Report
In December 2021, overall Indian auto industry struggled to recover from sluggishness. The passenger vehicle segment reported volume drop primarily owing to semiconductor shortages although demand remains robust.
The domestic two-wheeler market continues to display weakness due to subdued demand. The commercial vehicle segment reported volume recovery primarily due to lower base, higher infra spending and increased freight movement across India while the tractor segment performance affected due to cyclical downturn.
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