TL;DR
India's automotive sector experienced strong growth in November 2025, with passenger vehicle retail sales up 22% and two-wheeler sales up 21.2%, driven by festive demand and GST reforms.
India's automotive sector recorded robust growth in November 2025, with passenger vehicle retail sales soaring by 22% year-on-year. This surge is primarily attributed to sustained post-festive demand, recent Goods and Services Tax (GST) rate cuts, and the onset of the winter wedding season, according to reports from ratings agencies and industry bodies like SIAM.
Wholesale volumes also saw a significant increase of 19% year-on-year, reaching 4.1 lakh units, as manufacturers maintained high production levels to meet the escalating demand. The two-wheeler segment, the largest by volume, posted a 21.2% year-on-year growth, with scooters performing exceptionally well, growing by 29.4%. Three-wheeler sales climbed 21.3%, driven largely by passenger carriers. This strong momentum is expected to continue into 2026, supported by favorable policy measures and improving market sentiment.
