India’s Auto Retail Sector Achieves Record Sales in FY26 Driven by GST 2.0

India’s auto retail sector achieved a landmark year in FY26, recording an all-time high of nearly 3 crore vehicle sales, propelled by the transformative impact of GST 2.0 and improved affordability across various segments. IMAGE: Workers install an electric motor

India’s Auto Industry Achieves Record Passenger Vehicle Sales in FY26: Key Growth Drivers

India’s passenger vehicle market reached unprecedented heights in FY26, with sales soaring to a record 4.7 million units, fueled by GST 2.0 and robust performances from leading automakers. Photograph: Petr Josek/Reuters Key Points India’s passenger vehicle sales hit a record