New Delhi, April 14 -- The Indian automobile industry registered its best-ever performance in the financial year 2025-26, with all vehicle segments recording the highest annual sales, driven by strong demand, policy support and improving macroeconomic conditions.
Passenger vehicle sales rose to a record 46.43 lakh units, marking a growth of 7.9 per cent over the previous year. The segment benefited from improved affordability, lower financing costs, and a sharp rise in electric vehicle adoption.
Two-wheelers led the growth momentum, with sales touching an all-time high of 2.17 crore units, up 10.7 per cent, surpassing the previous peak. The segment saw strong traction in the second half of the year, supported by policy reforms and rising ...