1 month ago

India's automotive retail sales surge 28.6% in July

India's automotive retail sales surge 28.6% in July
India's automotive retail sales see 28.6 pc growth in July so far: Report · thehansindia.com

India's car and vehicle sales have grown a lot in July compared to last year.

All types of vehicles, like bikes, cars, and trucks, are selling more.

Experts think this growth will continue because people are buying more, new models are coming out, and electric vehicles are becoming popular.

The government's policies and lower taxes are also helping.

There are big plans to invest more in this sector in the next few years.

Key facts

Growth Rate
28.6% YoY
Two-Wheeler Sales Growth
31% YoY
Passenger Vehicle Sales Growth
20.6% YoY
Commercial Vehicle Sales Growth
27.3% YoY
Three-Wheeler Sales Growth
18.1% YoY
Tractor Segment Growth
36.8% YoY
Expected Revenue Growth (FY27)
8%
Investment Pipeline
Rs 4.76 trillion

Quotes

Choice Institutional Equities

Report from Choice Institutional Equities

“"Overall, we expect the industry to report strong growth in July 2026, supported by a low base in July 2025, steady consumer sentiment, recent model launches, strong EV adoption, softer interest rates and improved affordability following GST rationalisation," the report said.”
thehansindia.com

Sources

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