Two-wheeler sales surge 23% in festive season's first week

Two-wheeler registrations in India rose 23% year-on-year in the first seven days of the festive season, outpacing passenger vehicles' 7% growth, per a Jefferies report. Truck registrations nearly doubled (101% YoY), while tractors grew 28%. The two-wheeler growth is notable despite a high base following last year's GST cuts.