Q1 sees auto sales rising 21% YoY, momentum to continue in Q2 with festive purchase boost
India's automotive sector recorded a 21.4% year-on-year growth in sales during the first quarter of 2026-27. Industry leaders attribute this surge to supportive domestic demand, lower financing costs, and the introduction of new vehicle models.
Why it matters
Strong automotive sales serve as a key indicator of consumer confidence and economic health in the Indian market.
High double-digit growth was recorded across all vehicle segments in Q1 of 2026-27, compared to the year ago period.
The report relies on data provided by the Society of Indian Automobile Manufacturers (SIAM) and presents industry performance metrics objectively.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in