India Auto Industry Sees Record Growth

The Indian automobile industry recorded strong performance in the financial year 2025–26, with wholesale sales rising by 10.4% to 2.83 crore units, according to the Society of Indian Automobile Manufacturers (SIAM). Sales across passenger vehicles, commercial vehicles, two wheelers, and three wheelers reached an all time high, supported largely by the reduction in GST on vehicles in September.

Exports also grew significantly by 24%, reaching 66,47,685 units compared to 53,62,884 units in the previous financial year. While the industry remains optimistic about the current fiscal year, SIAM cautioned that the ongoing conflict in West Asia could impact manufacturing, supply chains, and demand if it continues for a longer period.