India's automobile industry is entering 2026 on a strong note after a record-breaking festive season, with the Federation of Automobile Dealers Associations (FADA) projecting a sustained rise in sales driven by GST 2.0 reforms, rural consumption, and robust dealer sentiment.
Credit card spends in the country touched an all-time high of Rs2,167 billion in September, supported by strong growth in online transactions, according to a report by ACMIIL, a stock market company.
The festive season in the October has brought mixed trends for India's automobile industry, with passenger vehicles (PVs) and tractors showing signs of improvement while two-wheelers (2Ws) continue to trail expectations, according to a report by Nomura.
New Delhi [India], October 25: The festive quarter of 2025, especially with Diwali being a part of it, has brought a renewed wave of optimism for India's real estate market, marking one of the strongest festive performances in recent years. Early data and developer insights point to record s
Tata Motors Passenger Vehicles Ltd achieved a major milestone this festive season, delivering over 1 lakh vehicles between Navratri and Diwali -- a 33 per cent year-on-year growth.
Prabhakaran, a firecracker manufacturer and seller from Sivakasi, told ANI that the year began with slow production, but orders picked up substantially after June.
Jewellery markets across India witnessed a glittering Dhanteras this year, with robust demand driving sales to an estimated Rs 85,000 crore over two days, according to the All India Gem and Jewellery Domestic Council (GJC).
India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms.
Traders attributed the slowdown in festive business to multiple factors, including the aftermath of the state's recent natural disasters, inflationary pressures, and the growing preference for online shopping. Local restrictions on vehicular movement in key market areas also added to the
Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and Electronics & IT Minister Ashwini Vaishnaw on Saturday hailed the recent GST rate rationalisation as a major driver of economic momentum during this year's festive season.
Auto retail sales witnessed a robust recovery during the Navratri festival, with growth ranging between 15-35 per cent year-on-year (YoY) across passenger vehicle (PV) and two-wheeler (2W) segments, driven by strong festive sentiment, according to a report by Centrum Institutional Research.
New Delhi [India], October 10: Diwali is not only about the use of diyas and sweets. It is that magic time of the year when the streets are open until late at night, children carry sparklers in their hands, and families finally stop their hectic life to have a seat together. There is exchang