India's automobile industry is expected to witness sustained momentum in 2026, with Axis Securities maintaining an optimistic outlook across two-wheelers (2W), three-wheelers (3W), passenger vehicles (PV), commercial vehicles (CV) and tractors, supported by demand recovery and policy-led tai
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.