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

Passenger vehicle dispatches in fast lane in Jan as demand remains robust: SIAM

The initiatives announced in the Union Budget 2026 to strengthen India’s manufacturing base, along with existing policy tailwinds, are expected to deliver long-term benefits for the sector and support growth in the medium term Photograph: Babu/Reuters Key Points Maruti Suzuki