New Delhi [India], March 2: India's passenger vehicle market hit an all-time high of 4.3 million units in FY 2024-25, according to data from the Society of Indian Automobile Manufacturers (SIAM). With more Indians buying cars than ever before, a common point of confusion persists -- why does
India's automobile sector registered its highest-ever September sales in 2025, fueled by early festive demand and the positive impact of GST 2.0 reforms, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday.
India's two-wheeler demand, which lagged behind passenger vehicles during FY21-23 due to the impact of the COVID-19 pandemic and rising regulatory costs, is now experiencing a resurgence.
Backed by robust economic growth and conducive government, the Indian automobile industry has posted a satisfactory performance with sales growing by 12.5 per cent during the just-concluded financial year.
"Positive market sentiment was supported by seasonal events, improved vehicle supply, and financial incentives. Despite facing market volatility and intense competition, the industry is strategically evolving, particularly in the premium and EV categories, signalling a bright future," said F
India's sales volume is expected to rise further with the inclusion of pending fourth-quarter sales figures for commercial vehicles, along with year-end results yet to be released by Tata Motors and other automakers, according to Nikkei Asia.