Passenger vehicle volume in India to rise 4% in FY26
pre-market1 source ↓written by the desknot a recommendation
- in FY26
- 4%
- growth
- 8-10%
- volumes may surge
- 34-38%
- reaching approximately
- 1.07-1.10 lakh units
- of total sales
- 3-4%
India's passenger vehicle industry is projected to grow 4% in FY26, driven by GST rationalisation and easing inflation. SUVs are expected to dominate with an 8-10% growth. Hybrid vehicle volumes may surge 34-38%, reaching approximately 1.07-1.10 lakh units. EV penetration remains modest at 3-4% of total sales.
Not investment advice. For informational purposes only.