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One sector that is going to indirectly benefit from the new budget
As most of you are aware, the new budget has been announced, and one of its key highlights is that individuals with an annual income below ₹12 lakhs will not have to pay income tax. This initiative is expected to provide significant relief to a large portion of the population, particularly those under 30. With these tax savings, people may have extra disposable income—so what might they do with it? Perhaps buy a vehicle? Two wheeler maybe? Individuals in this income bracket are more likely to opt for a two-wheeler due to its convenience and affordability. Moreover, the government is actively promoting electric vehicles (EVs) by introducing more subsidies and expanding the charging infrastructure, accelerating the shift toward electrification. Given these factors, I believe the two-wheeler market is poised for strong growth in the coming quarters. Hero MotoCorp stands out as an attractive investment opportunity, offering strong value in the two-wheeler segment right now.2
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