India auto sales rise 10.4% to record 28.3 MN units in FY26
New Delhi, April 15 -- Automobile wholesales in India posted a record at 28,265,519 units in FY26, up 10.4% year-on-year with all segments-passenger and commercial vehicles, two and three-wheelers-recording the highest-ever sales in a fiscal, with GST 2.0 proving to be a key growth driver, Society of Indian Automobile Manufacturers (SIAM) said on Tuesday.
In 2024-25, total domestic vehicle sales stood at 25,609,399 units, SIAM said.
It noted that although the outlook for the ongoing fiscal year is positive considering the strong fundamentals of the economy, if the West Asia war prolongs, it could have an impact of demand, supply chain and vehicle production.
"Though FY 2025-26 started modestly, the Indian auto industry has closed the year o...
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