The African market is expected to perform better in 2023-24, recovering from the global slowdown and with the moderation of inflation, it said. "A poor monsoon could further adversely impact demand," the company said.Two-wheeler exports, however, likely to see growth during the year after the weak performance in 2022-23, TVS Motor said. The company further said that demand for moped and entry-level motorcycle segments has witnessed constrained demand due to weak performance in the rural non-agricultural sector "El Nino arriving early and affecting monsoon may lead to a weaker performance of the rural agricultural sector, impacting the already weakened rural demand," it added. However, rural recovery continues to be slow, and it will significantly impact the growth trajectory of the economy, the company said. TVS said it is positive about the performance of the premium motorcycle and scooter segment with improved urban demand. Compared to the industry growth of 15.5 per cent, TVS recorded a 22.8 per cent growth in 2022-23 compared to FY22. The two-wheeler industry wholesales stood at 15.5 million units last fiscal compared to 13.4 million units in FY22.Īlthough the industry has grown last fiscal, it is still lower than the 16 million unit mark achieved in 2014-15 and a long way off from the industry high of 21.2 million in 2018-19.
"Due to the above fundamentals and strong product lineup, unwavering focus on consumer, quality and cost, the company is confident going into FY 2023-24," the company informed its shareholders. This demand is today best served by the two-wheeler segment, making its fundamentals very attractive considering a resurgent India, it added. Improving road infrastructure and the economic environment with mass transit systems will further drive the demand for mobility for the masses, TVS Motor said.
In spite of the difference in the specific forecast, the almost common agreement is that India's GDP growth will remain the highest among all major economies, it stated. In its Annual Report for 2022-23, the company stated that it maintains a cautiously optimistic view regarding the current fiscal. We will be watching today's presentation along with everybody else, so keep it on Shacknews for the biggest announcements.TVS Motor Company expects growth momentum to continue in the current fiscal, with the overall economy anticipated to grow at a robust pace and a continuous improvement in the road infrastructure.Īccording to the company, the premium bikes and scooter segment is likely to grow on the back of a rise in overseas shipments and higher penetration of electric two-wheelers this fiscal.
#Apple wwdc june ios how to#
That's everything you need to know about how to watch Apple’s WWDC 2023 keynote. iOS 16 played a big part in Apple's WWDC 2022 keynote. While we're interested in such news, we're making sure to keep our expectations in check. We aren't quite sure what to expect this year, though rumors have been flying about Apple taking a step forward in the AR/VR HMD space. Last year's WWDC 2022 featured a number of noteworthy announcements, including iOS 16 and its reworking of the iPhone lock screen, the M2 processing chip, and even the surprise reveal of Resident Evil Village for Mac. We've helpfully embedded the stream above for your convenience. It can also be viewed on the Apple YouTube channel.
#Apple wwdc june ios full#
The full presentation can be viewed on Apple's website, as well as through the Apple Events app on the Apple TV. Watch Apple’s WWDC 2023 keynote hereĪpple's WWDC 2023 keynote will be presented live on Monday, June 5 at 10:00 a.m. The week begins with the WWDC 2023 keynote. Better known as WWDC, developers come together from around the world to better familiarize themselves with Apple's tools of the trade. It's a busy June season of reveals, but before the dedicated gaming events begin, Apple is taking the stage with its annual Worldwide Developers Conference.
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