New Delhi, April 14 -- India's automobile industry scripted a landmark chapter in Financial Year 2025-26, with every major vehicle category -- passenger vehicles, commercial, three-wheelers and two-wheelers -- recording their highest-annual sales in a single financial year, for the first time in seven years.
The industry, which had started the year on a modest note with a slight de-growth in the first half, staged a powerful comeback in the second half, powered by a confluence of structural policy reforms, improved consumer sentiment and supportive macroeconomic conditions.
According to the Data released by the Society of Indian Automobile Manufacturers (SIAM), Passenger vehicles closed FY 2025-26 at a record 46.43 lakh units, growing 7...
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