The Indian automotive sector recorded a steady climb in the first ten months of the current fiscal year, with cumulative domestic two-wheeler (2W) sales growing by 9 per cent year-on-year (YoY) to 1.5 crore units and the passenger vehicle (PV) industry posting a 7 per cent YoY increase to ap
Speaking to ANI, Vikrampati Singhania, President of the Automotive Component Manufacturers Association (ACMA), noted that recent new projects have slowed, which could affect long-term export growth. However, he described this as a "temporary phenomenon."
India's automobile industry is expected to witness double-digit year-on-year growth in November 2025 across two-wheelers (2W), commercial vehicles (CV) and passenger vehicles (PV), according to a report by Nuvama.
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
Bangalore (Karnataka) [India], April 12: As India's automotive sector experiences significant expansion, driven by the surge in electric vehicles (EVs) and supportive government policies like the FAME II scheme, the demand for car care products is set to rise. Each new vehicle owner represen