Auto Sector Faces ₹25,000 Crore Hit from New Vehicle Scrappage Rules; Royal Enfield, Hero MotoCorp Expand Capacity

India's auto industry may face a ₹25,000 crore financial impact in FY25-26 due to new end-of-life vehicle rules, even as Royal Enfield and Hero MotoCorp announce major capacity expansions. Companies are accelerating launches and investments amid rising input costs and competitive pressure.